'What happened at Quadriga was an old-fashioned fraud wrapped in modern technology.'

The Ministry of Finance says in a statement that executives with experience at Aimia Inc., Sun Life Financial Inc., GMP Securities LP, Norton Rose Fulbright and Kingsdale Advisors will form the task force.

All provinces and territories, including Ontario, will also move to ban certain advisory commissions where investors receive no advice.

Nova Scotia authorities note that Tang was convicted of fraud in 2012 for running a $50-million Ponzi scheme that saw investors lose more than $24-million.

Police in the Greater Toronto Area are investigating an investment company called 1PLUS12 over allegations of fraud following a report by Global News.

A Global News investigation has found the company, 1PLUS12, is currently facing at least two lawsuits totalling $6.4 million that allege fraud or misrepresentation.

Customers of Canadian crypto exchange QuadrigaCX stand to lose millions. Where were regulators?

Paltry returns and sky-high fees are not what Oswaldo Castaneda and Maria Lopez-Araiza expected when signing up for a group RESP.

The Ontario Securities Commission said on April 6 that it is gathering information on several cryptocurrency trading platforms after it received a number of complaints.

But cryptocurrency adoption remains 'very low,' and it's 'too early to say what regulation would look like,' Bank of Canada says.