If it sounds to good to be true, consult a securities lawyer
WHAT IS
SECURITIES LAW ABOUT?
Securities are evidence of a corporation's debts or property. Securities are documents that merely represent an interest or a right in something else. Government regulation and Securities laws attempt to ensure that investors have an informed, accurate idea of the type of interest they are purchasing and its value.
Canadian securities regulation is managed through laws and agencies established by Canada's 13 provincial and territorial governments. Each province and territory has a securities commission or equivalent authority and its own piece of provincial or territorial legislation.
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