Comment by yieldcrv
2 days ago
I was referring to the US SEC and DOJ, they will easily establish jurisdiction against anyone touching US markets in some way, anywhere in the world
Including Vancouver
(The US has state level securities regulators too, but they are redundant, weak and almost defunct, but they still exist in every state.)
There is no obvious benefit to being sketchy in BC aside from many things are legal in the US, it’s just a matter of convincing investors to invest
I guess there’s just a sketchy network up there
Sketchy and Vancouver go hand-in-hand.
I live and work here. I play it straight and do my best.
However, the culture here pushes for a lot of sketchy things, often to make up for lack of productivity or some other deficiency.
I was referring to the US SEC and DOJ, they will easily establish jurisdiction against anyone touching US markets in some way, anywhere in the world
They can claim jurisdiction, sure, but they can't execute search warrants or arrest people in Canada. Our agencies are generally happy to let the SEC clean up our messes for us, but the paperwork still slows things down compared.
I see, procedural hurdles to getting enough evidence
I just see the announcements when the US has decided it has enough evidence
They’ll file for extradition in a criminal case, Canada is not a place that would reject that
and even if it was, the US waits until people go on holiday to a place that is more cooperative