securities1

Security dealers buy and sell mortgage-backed securities on the exchanges and depend on the value of the assets behind those securities in determining the proper valuation for these securities.

As such, securities dealers and the financial markets are another group that can certainly be impacted by the disclosure of this public safety building scandal. In my opinion, this may explain why Canada's Minister of Finance, Jim Flaherty (who knew of the issues we were raising with enforcement bodies for some time now), in September of 2013, announced it was moving to have a single regulator and/or watchdog overseeing the financial markets and attempting to identify and address "risks" that could be posed to those markets.