BCSC's Role - Protecting Investors
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In British Columbia, when you choose to invest in securities such as common or preferred shares, bonds, debentures, or mutual fund units, your interests as an investor have the protection of securities legislation - the BC Securities Act, Securities Regulation and Securities Rules.
That protection is not a guarantee of your investment. You, along with advisers of your choice, are responsible for assessing the merits and the risks of the investment.
The British Columbia Securities Commission, an independent provincial Crown agency, administers and enforces the Act, Regulations and Rules, and regulates trading in securities and exchange contracts in this province. It is funded entirely through fees collected under the Act from market participants.
Our mission is to protect investors from fraud and abuse, and to ensure that our capital markets operate fairly and efficiently.
The Securities Act and the Rules have four broad objectives:
To ensure that investors have access to the information they need to make informed investment decisions;
To provide rules of fair play for the markets;
To establish qualifications and standards of conduct for people registered to advise investors and to trade on their behalf;
To protect the integrity of the capital market and the confidence of investors.
View the Securities Act - Queen's Printer Site
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