Securities Fines and Clawbacks Jumped in Past Year: CSA

Securities Fines and Clawbacks Jumped in Past Year: CSA
A general view looking down Bay Street in the heart of Toronto's financial district, in a file photo. The Canadian Press/Chris Young
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The Canadian Securities Administrators say fines and restitutions jumped in the last year compared with a year earlier.

In its year in review, the umbrella group for provincial securities regulators says they imposed $27.6 million in fines, administrative penalties and other financial sanctions, up from $18.5 million a year earlier.