Investment Dealers Association of Canada president and CEO Joe Oliver says he has written to several provincial ministers of justice calling for special courts to effectively deal with complex securities law cases.

Oliver made the comment in his report Monday to members at the IDA’s annual meeting in St. Andrew’s-by-the-Sea, N.B. The move follows the federal government funding new integrated investigation and enforcement teams involving the RCMP and provincial justice departments.

Oliver reviewed a number of the initiatives that it has taken on over the past year, including the issue of investor confidence. On that count, the IDA has passed the final version of its analyst standards rules.

Oliver also praised the Ontario Securities Commission’s the five-year review committee, which recommended recently that the IDA receive additional enforcement powers, such as, jurisdiction over former employees and the ability to file its decisions as orders of the court.

As for its own operations, Oliver noted the IDA has fully implemented its risk assessment model, which allows it to focus on higher-risk firms in its compliance efforts.