I have spoken to several US based securities attorneys and a couple of Canadian barristers (attorneys) and I have some updated information and corrections to share with my readers.

It appears that the British Columbia Securities Commission (BCSC) only has jurisdiction over Canadian shareholders that reside in British Columbia or BC as it is commonly referred to. The BCSC does not have jurisdiction over other parts of Canada. Canada, as you may or may not know, has 13 provinces, Nunavut, Quebec, Northwest Territories, Ontario, British Columbia, Alberta, Saskatchewan, Manitoba, Yukon, Newfoundland and Labrador, New Brunswick, Nova Scotia and prince Edward Island. British Columbia represents 9.5% of the land mass and about 15% of the population of Canada.

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