Self-regulation in the Canadian securities industry: Funnel in, funnel out, or funnel away?
Show FileMIME type:application/pdfFile Size:258.4 Kb
MetadataShow full item record
The study analysed the processing of complaints against investment brokers and Dealer Members through the Investment Dealer Association (IDA) of Canada's disciplinary system between 2002 and 2007. The cases processed are discussed in relations to a misconduct funnel that examines the IDA's claim that it brought more complaints into the disciplinary system (funnel in), and shows how these complaints were reduced once they entered the system (funnel out), and deflected away from the criminal justice system (funnel away). The results indicate that the IDA was ineffective in disciplining its members because it was unable to handle the more serious and systemic industry problems. To respond to its impossible mandate, the IDA was involved in symbolic management to create a well-crafted image for public consumption of its effectiveness, notwithstanding its inability to do so in practice. The results further increased the call for cross-disciplinary research on securities market regulation.
Showing items related by title, author, creator and subject.
Lokanan, Mark (Administration and Society, 2015)This article examines the applicability of responsive regulation within an inter-agency framework in the financial sector. To do so, the article uses the self-regulatory organization that is responsible for governing ...
Woodford, Jamie (Electronic version published by Vancouver Island University, 2014)There is extensive research about self-regulation and how self-regulation, with its attention to a student’s ability to control his/her emotions and behaviour, has been found to contribute to better results in school and ...
Dobbs, Jamie McCance (Electronic version published by Vancouver Island University, 2014)This thesis discusses the knowledge the author gained through her own lived autoethnographic experiences playing hockey, interpreted through research-based evidence, to show how sport and exercise can impact students’ ...