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Harry Hopper from Canada writes: It is sad that the government is taking baby steps in regulating capital markets. At the time of Bre-x scandal, commentators remarked that the Canadian capital markets are the laughing stock of the world for scandals. Since then we have had the Nortel fiasco which repeated twice (not once).
When is the government going to make capital markets federally regulated with stiffer penalties?
Observers remarked that Ontario penalties are no more serious than trespassing fines!
Canada has to get REAL with white-collar crime!!- Posted 13/01/07 at 7:21 AM EDT | Alert an Editor | Link to Comment
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