In Canada, the regulation of securities is the responsibility of:
In Canada, the regulation of securities is the responsibility of:
Answer
Each province and territory
Options - A. Each province and territory - B. A federal securities commission - C. The Bank of Canada - D. CIRO, acting alone Why - A. Correct — ten provinces and three territories each administer their own securities statute through their own regulator. - B. There is no federal securities regulator in Canada. The SEC model is American. - C. The Bank of Canada runs monetary policy and oversees payment systems; it regulates no securities market. - D. CIRO is a self-regulatory organisation whose authority is DELEGATED by the provincial regulators; it does not replace them.
CSA, who we are (securities-administrators.ca — 10 provinces and 3 territories); OSC, role of the OSC (osc.ca — mandate) — observed 2026-09-17; OpenStax, Introduction to Business (CC BY 4.0) §16.7 — shape only