Nova Scotia Securities Commission

Identity area

Type of entity

Corporate body

Authorized form of name

Nova Scotia Securities Commission

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        Description area

        Dates of existence

        1987-

        History

        In 1987 the Securities Act was amended and the Nova Scotia Securities Commission established to regulate the securities industry. The commission's principal task is to protect Nova Scotia resident investors in the Nova Scotia securities market. It is a "watchdog" and regulatory agency that also acts as an administrative tribunal, exercising quasi-judicial and public inquiry powers. The commission provides investor protection through the enactment of rules and regulations requiring proper disclosure of information to investors and adherence to fair market practices by broker-dealers, investment counsellors and issuers, promoters and underwriters of securities.

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