OSC jails 2, issues $80M in penalties in 2012

The OSC’s enforcement activity for 2012 resulted in jail sentences for two and almost $80 million worth of penalties, the regulatory body revealed today.

OSC staff commenced a total of 30 proceedings involving 107 individual and corporate respondents, compared to 25 proceedings against 96 respondents in 2011. Proceedings were concluded against a total of 63 individuals and 37 companies in 2012, compared to 107 individual and 53 corporate respondents in the year before.

Read the full report here.

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