Commission Assessed More Than 2 Million in Fines in 2011

first_imgIn its effort to protect Nova Scotian investors and capital markets, the Nova Scotia Securities Commission investigated 65 complaints and issued $2,216,500 in administrative fines in 2011. The commission concluded eight cases against 10 defendants that included six cases in which inadequate or incorrect information was provided to investors, two cases involving misconduct by registrants, and one case involving unauthorized sale of investments to the public. The figures were released today, Feb. 29, as a followup to last week’s release of the Canadian Securities Administrators 2011 Enforcement Report. The report shows that members of the Canadian Securities Administrators concluded a total of 124 cases in 2011, involving 237 people and 128 companies. Of these cases, 24 were concluded in court proceedings, which resulted in nine jail sentences against eight people for a total of more than 14 years. “The Nova Scotia Securities Commission works hard to protect investors and build confidence in the fairness of the capital markets, through enforcement activities and investor education,” said Scott Peacock, director of enforcement for the commission. “The first line of defence for Nova Scotia investors is to be armed with knowledge and understanding of the capital markets. They also need to know that they can come to the Securities Commission with investment concerns and to report problems.” To report a complaint to the securities commission, go to, or call 902-424-4558. For more information on investing safely and avoiding fraud, visit The 2011 Enforcement Report highlights enforcement activities and provides information and case summaries from the Canadian securities regulators. It is available at the Nova Scotia Securities Commission’s website,, or at read more

Uber drivers to ferry elderly patients home from hospital in attempt to

first_imgFinding a carer can be a nightmare, the founders of the new service sayCredit:Alamy Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily  Front Page newsletter and new  audio briefings. Stressed person Elderly person David Mowat, the minister for care and support, said: “This is an interesting and innovative proposal which will help raise awareness of the challenges faced by the vulnerable elderly, ‎and those with specific conditions that are becoming increasingly common in our society. I look forward to hearing more about the results in due course.”Cera already offers a venture which guarantees a carer to a patient’s front door or hospital bed within four hours in some parts of the country.The start-up, which says it has just completed the largest ever seed round in European healthcare history,  is backed by the heads of Just Eat and a former director of the World Economic Forum. Uber drivers will be trained to ferry the elderly home from hospital in an attempt to tackle record levels of NHS bedblocking.Ministers hailed the deal as an “interesting and innovative” response to the challenges faced by Britain’s ageing population.The partnership between Uber and the company, Cera, means drivers will be given special training in disabilities, with access to cars which can take wheelchairs.And Cera will join forces with the country’s largest NHS trust and with three local health groups to deliver home care for patients, including those with dementia and cancer.The NHS scheme could also result in Uber drivers being used to transport patients home from hospital, or to send carers out to customers.Dr Ben Maruthappu, Cera’s co-founder, said the new plans would “revolutionise” closer working between care and transport services – improving the lives of families.“Older people and those with disabilities will now have access to the highest quality drivers, while carers will be able to efficiently travel to ensure they can provide services in the right place at the right time,” he said.“These partnerships tackle major challenges in the NHS, cracking down on bed-blocking and delayed discharges, while providing high-quality and efficient care, said Dr Maruthappu, a junior doctor.  The service run by the health start-up already allows families to book a carer online, and monitor the help given to their loved ones. Woman pill  Individual consumers will also be able to request specially trained Uber drivers to deliver paid-for care by the private care company, for those living in London.Jo Bertram, regional general manager at Uber, said the plans would improve mobility for some of society’s most vulnerable people.“Uber’s mission is for everybody to have access to reliable, safe and affordable transportation and this partnership brings us a step closer to making that a reality.“Simply by tapping a button on our app carers will be able to get to people quickly and efficiently, while those with mobility needs will have the freedom to get out and about,” she said. The NHS schemes cover a population of five million people across north London, as well as five hospitals run by Barts Health NHS Trust. The number of people who need help but do not receive it has risen by almost a fifth in a year, a report by Age UK showsCredit:PA  Families will be guaranteed a visit from a carer within four hours, once the scheme is rolled out nationally Credit:Alamylast_img read more