A key goal of the British Columbia Securities Commission (BCSC) is to help investors protect their financial interests. We have developed InvestRight.org to provide investors with the tools to research and assess potential investments and protect themselves from unsuitable or fraudulent investments. In addition to the website, we have a multi-faceted outreach and education program, linked to the BCSC’s core enforcement and compliance work. We want to help investors make wise decisions and learn how to protect themselves, while also providing a simple process for filing a complaint about misconduct.
We teach investors how to do their own research, how to pick an advisor, and what questions to ask about investments. We also highlight risky and sometimes fraudulent investments with Investor Alerts, Investor Watches, and our Let’s talk about investing blog. All are available in the InvestRight News section.
We raise awareness throughout BC, and in particular among seniors, pre-retirees, and community groups who are the most vulnerable. We are also concerned about affinity fraud in BC’s religious and ethnic communities, focusing on BC’s Chinese and South Asian communities.
We have a comprehensive youth education program aimed at helping BC high school teachers teach students the fundamentals of managing money as part of the province’s Planning 10 program. We have licenced this resource, The City, to the Financial Consumer Agency of Canada, making it a national, interactive web-based learning tool for all Canadians in English and French.
We fund all of these programs through an education fund that gets its money from penalties and fines imposed on individuals and companies that have contravened the BC Securities Act.