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News Release

MEDIA INVITED TO RELEASE OF NATIONAL FRAUD IMPACT STUDY

  • Date:

    2007-10-01

  • Number:

    2007/68

Vancouver - On Oct. 2, 2007 at 12 p.m., British Columbia Securities Commission executive director Brenda Leong will announce the findings of a new national study on the social impact of investment fraud. She will also announce new BCSC investor education initiatives to combat this serious issue.

Members of the media are invited to attend the announcement to learn more about the social impact of investment fraud and what the BCSC is doing about it. Media can also arrange for interviews with Brenda Leong after the announcement by contacting the BCSC in advance.

Who:   BCSC executive director Brenda Leong
  
What:  Findings from the Canadian Securities Administrators 2007 Investor Study: Understanding the Social Impact of Investment Fraud and BCSC investor education announcement

When:  Tuesday, Oct. 2, 2007 from 12 p.m. to 1 p.m. PST
   
Where: Pacific Centre Mall - Atrium
West Georgia Street entry access

InvestRight is the B.C. Securities Commission's one-stop resource for investors to educate themselves on how to make informed investment decisions. Its comprehensive website at www.InvestRight.org provides a wide range of tools to help investors develop critical thinking skills they need to protect themselves. If you have questions or problems with an investment or a financial adviser, please call 604-899-6854 or 1-800-373-6393 (toll-free in BC & Alberta).

InvestRight was created to help protect investors from fraud and to give them the tools they need to ask the right questions before making investment decisions. The program is being implemented in conjunction with campaign partners that include The Better Business Bureau (Lower Mainland, Vancouver Island and the Interior), the BC Crime Prevention Association, God's Fraud Squad, the Canadian Conference of Mennonite Brethren Churches, and the BC Hydro Power Pioneers, a BC Hydro retiree Senior's Safety and Crime Prevention Wise Owl program.

The BCSC is the independent provincial government agency responsible for regulating trading in securities within the province. If you have questions, contact Ken Gracey, Media Relations, 604-899-6577.