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  • Supreme Court of Canada Rules that Securities Commissions’ Administrative Penalties Do Not Survive Bankruptcy Discharge

Supreme Court of Canada Rules that Securities Commissions’ Administrative Penalties Do Not Survive Bankruptcy Discharge

Jassmine Girgis of the University of Calgary provides a case comment on Poonian, arguing that while the decision represents a significant setback for securities commissions, it was also an appropriate reading of the legislation as it currently exists.