June is Seniors Month

Submitted by nsscadmin on Wed, 05/31/2023 - 09:00

Tomorrow is the start of seniors month. Throughout June the Nova Scotia Securities Commission will be sharing investor education content relevant to seniors and delivering presentations to seniors groups. Here is a look at some of the content, and presentation we have scheduled:

Before You Invest Blog:

Our Before You Invest blog will take a closer look at recent enhancements made to securities laws around trusted contact persons and temporary holds, meant to better protect older and vulnerable investors. We will also examine how some fraudsters specifically target older investors and some of the red flags to watch out for. On World Elder Abuse Awareness Day (June 15) a special blog post will identify some of the warning signs that someone may be a victim of financial elder abuse.

Social Media Posts:

Follow NSSC on Social Media where we’ll be sharing new and evergreen content aimed at older investors. This will include our Investing Information for Seniors webpage, videos on financial elder abuse, and our investing guides and information sheets developed for seniors.

NSSC presentations:

The NSSC currently has three presentations for seniors scheduled for June in Halifax, and in Cape Breton.

On Wednesday, June 14 from 7-8 p.m. NSSC will be visiting the Halifax Central Library to talk about financial elder abuse and investment fraud.

On Thursday, June 22 from 10:00-11:30 a.m. NSSC will be visiting the BOLD Living Learning Centre in Baddeck to talk about financial elder abuse and investment fraud.

On Thursday, June 29 from 10:00-11:00 a.m. NSSC will be visiting the Chebucto Links Active Living for Seniors at Faith City Church, 6225 Summit St, Halifax, to talk about financial elder abuse and investment fraud.

For information on how to attend these presentations please contact the program hosts directly using the links provided.

Failure to file annual financial statements.
Failure to file interim financial statements.
Failure to file an annual or interim management’s discussion and analysis (MD&A) or an annual or interim management report of fund performance (MRFP).
Failure to file an Annual Information Form (AIF).
Failure to file a certification of annual or interim filings required by Multilateral Instrument 52-109 Certification of Disclosure in Issuers’ Annual and Interim Filings (MI 52-109).
Failure to file required proxy materials or a required information circular.
Failure to file an issuer profile supplement on the System for Electronic Disclosure by Insiders (SEDI).
Failure to file a material change report.
Failure to provide a written update after filing a confidential report of a material change.
Failure to file a business acquisition report.
Failure to file annual oil and gas disclosure prescribed by National Instrument 51-101 Standards of Disclosure of Oil and Gas Activities (NI 51-101) or technical reports for a mineral project required under NI 43-101 Standards of Disclosure for Mineral Projects (NI 43-101).
Failure to file a mandatory news release.
Failure to file corporate governance disclosure as required by national Instrument 58-101 Disclosure of Corporate Governance Practices (NI 58-101).
Failure to file audit committee disclosure as required by Multilateral Instrument 52-110 Audit Committees (MI 52-110) or BC Instrument 52-509 Audit Committees.
Failure to include disclosure in an issuer’s MD&A relating to disclosure controls and procedures and their direct effectiveness that is referred to in a certificate filed under MI 52-109.
Financial statements of the reporting issuer, or the auditors’ report accompanying the financial statements, do not comply with the requirements of NI 51-102 Continuous Disclosure Obligations (NI 51-102), National Instrument 81-106 Investment Fund Continuous Disclosure (NI 81-106) or National Instrument 52-107 Acceptable Accounting Principles, Auditing Standards and Reporting Currency (NI 52-107).
The reporting issuer has acknowledged that its financial statements, or the auditors’ report accompanying the financial statements, may no longer be relied upon.
The reporting issuer’s AIF, MD&A, MRFP, information circular, or business acquisition reports do not contain information for each of the content items required by NI 51-102 or NI 81-106.
The reporting issuer’s technical disclosure or other reports do not comply with the disclosure requirements of NI 43-101 or 51-101.
Failure to pay a fee required by the Act or the regulations.
Failure to comply with any other requirement related to continuous disclosure.