Definition
Responsive regulation is a technique that focuses on dialogues and collaborations that maximize the role of collaborations and minimizes the role of the criminal justice system in the enforcement process.
Introduction
“Crime without punishment: Canada’s investment fraud problem” (Gray and McFarland 2017); “‘I trusted him with my money’: Woman says broker ‘churns’ her account, rakes in over $250,000” (Johnson 2017); “Man allegedly defrauded elderly woman of thousands to pay for strip-club visits” (Passen 2017). These headlines sum up the current state of securities fraud enforcement in Canada. Canada lacks a formal strategy to adequately protect the public from securities fraud. The Canadian provincial securities commissions and the self-regulatory organizations (SROs), the agencies responsible for policing Canada’s securities markets and financial systems, respectively,...
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References
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Lokanan, M. (2018). Comparative and Development Public Administration and Policy. In: Farazmand, A. (eds) Global Encyclopedia of Public Administration, Public Policy, and Governance. Springer, Cham. https://doi.org/10.1007/978-3-319-31816-5_1196-2
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DOI: https://doi.org/10.1007/978-3-319-31816-5_1196-2
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Comparative and Development Public Administration and Policy- Published:
- 25 July 2018
DOI: https://doi.org/10.1007/978-3-319-31816-5_1196-2
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Comparative and Development Public Administration and Policy- Published:
- 05 June 2018
DOI: https://doi.org/10.1007/978-3-319-31816-5_1196-1