Securities Enforcement: An evaluation of recent legislative changes

Typically approached in terms of efficiency, accountability, deterrence, and the best interests of the public, recent research has attempted to determine whether public or private enforcement provides more investor protection and effective market discipline. Instead of pitting public and private enforcement against each other and suggesting that one offers a superior approach, this research work determines that each serves essential and complementary roles in protecting the interests of the investing public. Although a comparative approach between Canadian capital markets and those in the United States will be used, the principal objective is to analyze how the current financial context and recent legislative changes have influenced the Canadian securities landscape. Are recent developments in Canadian securities regulation (public enforcement) truly effective?LL.M