The B.C. government is plugging a loophole in its securities legislation to allow investment industry penalties to be enforced by the regulator in B.C. Supreme Court.

Finance Minister Carole James joined representatives of the Investment Industry Regulatory Organization of Canada () at a Victoria seniors91裸聊视频� centre Friday to explain the changes James has introduced in the B.C. legislature.

91裸聊视频淢any British Columbians invest their life savings in the securities market,91裸聊视频� James said. 91裸聊视频淭hey expect their money will be safe from fraudsters.91裸聊视频�

The industry self-regulator reports that it currently has $4.7 million in unpaid fines against individuals in B.C. dating back to 2008. It conducted 21 investigations of securities sales in 2017, with seven prosecutions completed.

91裸聊视频淪eniors form IIROC91裸聊视频檚 largest source of complaints and represent the highest proportion of victims of misconduct,91裸聊视频� the agency said in a statement. 91裸聊视频淎lmost 40 per cent of all cases reviewed and approximately 30 per cent of prosecutions involve seniors.91裸聊视频�

B.C. and Manitoba are moving to join Alberta, Ontario, Quebec and Prince Edward Island in enforcing IIROC penalties in court.