New SCC ruling allows fraudsters to escape regulatory penalties via bankruptcy
Regulators' penalties don't survive bankruptcy, but disgorgement orders do, court finds
In June, monthly filings returned to pandemic heights
Victims set to recover $2.1 million — a small fraction of their losses
Resolution follows finding that Terraform Labs and its founder are liable for securities fraud
Court asked to approve loan sale as part of receiver's ongoing efforts
High rates, cautious consumers driving insolvency trends
Joint investigation by OSC and Durham police results in fraud charges
Business bankruptcies reach highest level in the past year
Global policy group calls for toolbox approach to CCP resolution