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OSC tele-townhall encourages scam awareness

by Greg Klein | October 16, 2017

OSC tele-townhall encourages scam awareness

Courts and regulatory agencies notwithstanding, there’s probably no greater frustration for con artists than con-resistant investors. With that in mind, the Ontario Securities Commission has a public outreach program underway including a tele-townhall.

Taking place October 24 at 6:30 p.m., the one-hour event will work “much like a call-in radio show,” the commission explains. Staff will provide information about frauds and scams commonly perpetrated in Ontario. Callers may ask questions and take part in live polls. Participants can register here up to noon of that day.

As part of an outreach program called From Bay Street to Main Street, the OSC also has several investor awareness meetings scheduled over the next few months. Many of the events will take place with groups representing Canadian newcomers or seniors, two particular scam targets.

The OSC also promotes investor knowledge through its Get Smarter About Money website.

Among other strategies across the country, the British Columbia Securities Commission has promoted investor awareness through entertaining videos, a few of which can be seen here and here.

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