The Canadian Securities Administrators (CSA) released updated results from its ongoing effort to proactively identify and disrupt fraudulent online investment websites targeting Canadians, timed to Fraud Prevention Month. The CSA framed the work as using a full range of regulatory and enforcement tools, including advanced technological capabilities, alongside coordination with regulatory partners, industry and law enforcement. The update notes that securities regulators have intensified coordinated and cross-sector efforts over the past year to disrupt fraudulent activity, prevent online harm, and protect and educate investors. It also urges investors to remain vigilant for common red flags and to verify the registration status of anyone selling an investment or providing investment advice through the CSA’s National Registration Search. Starting in 2026, the CSA will begin including statistics about deactivated websites in its annual Year in Review publication.
Quebec Autorite des marches financiers 2026-03-03
Canadian Securities Administrators release updated results of initiative to disrupt fraudulent investment websites
The Canadian Securities Administrators (CSA) updated its efforts to combat fraudulent online investment websites targeting Canadians, highlighting the use of regulatory and enforcement tools and collaboration with partners. The CSA emphasized intensified efforts to disrupt fraud, prevent online harm, and educate investors, urging vigilance and verification of registration status. From 2026, the CSA will include statistics on deactivated websites in its annual Year in Review.