Velikonja speaks on fraud victim compensation at Canadian conference
At a Toronto conference on the new use of freeze order powers to aid fraud victim restitution, Professor Urska Velikonja discussed the SEC's fair funds, which are set up post case resolution for victim restitution. Since a new law passed in 2014, Canadian regulators received 26 freeze orders from courts involving $9 million in assets, compared to eight freezes involving $1.3 million of assets in the year prior.