Asked by bentley romanski on May 07, 2024

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Federal and provincial jurisdictional responsibilities for securities regulation in Canada mirror those found in the United States at their federal and state levels.

Federal and Provincial Jurisdiction

The division of powers and responsibilities between the federal government and the provinces.

Securities Regulation

A set of laws and regulations that govern the sale, purchase, and creation of financial securities to protect investors.

United States

A country located in North America, consisting of 50 states and a federal district, known for its significant influence in global economics, politics, and culture.

  • Identify the principal regulatory organizations for securities and their documentation systems in Canada.
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NK
NITIN KUMARMay 12, 2024
Final Answer :
False
Explanation :
In Canada, securities regulation is primarily a provincial and territorial responsibility, with no direct federal equivalent to the U.S. Securities and Exchange Commission. The United States has a dual system where both the federal government (through the SEC) and state governments regulate securities.