CDNX provides benefits to market participants and others interested in seeing Canada's new economy grow. Investors can seek opportunity from a wider range of investments; analysts and other venture market watchers can track the S&P/CDNX Composite Index, the new benchmark for small cap stocks in Canada; listed companies have more efficient access to a larger marketplace; member firms provide service through a single national market for the distribution of new stock issues; and, the Canadian economy has extra-high-grade fuel for the small- and medium-size businesses that are driving economic expansion.

Investors in Canada are protected by the Canadian Investor Protection Fund (CIPF). The CIPF is a private trust fund established to protect customers in the event of the insolvency of a member of any of following Self-Regulatory Organizations: the Canadian Venture Exchange, Montreal Exchange, Toronto Stock Exchange, and the Investment Dealers Association of Canada.

Full listing information is available on the CDNX website. Look for the Guide to Listing and the complete CDNX policies & procedures manual under Listing on CDNX.

The CDNX website offers a comprehensive array of services including exchange policies and procedures, marketing and corporate news, market highlights, new listings, and 15-minute delayed quotations. The Exchange also provides real time quotation information through a variety of recognized disseminators in Canada, reaching approximately 33,000 terminals worldwide. Customized reports for the public, the legal community, member firms and other industry participants are also available to supplement stock quotations printed in the daily newspapers.

A review of technology and industrial companies previously listed on a venture exchange shows the benefits of participating in the growth of early-stage enterprises. For example, 45 companies graduated from CDNX in the year 2000. Total market cap at graduation was $8.37B and the market cap growth for one year prior to graduation was 302%.

This proven financing record includes the introduction, mentoring and graduation of such technology successes such as eSoft, Genetronics, Forbes Medi-Tech, Burntsand and Cell-Loc. 

Enforcement action taken by surveillance may include:

		forcing companies to correct misleading or inaccurate disclosure, including news releases and internet postings;
		requiring the resignation of unacceptable directors and officers;
		requiring cancellation and return of shares to treasury;
		requiring undertakings from directors and officers that they will ensure compliance with the listing agreement and listings policies in the future;
		requiring the termination of unacceptable investor relations services;
		halting and suspending trading in the shares of companies; and
		delisting companies that have contravened exchange by-laws, rules, or policies.

The market surveillance department issues CDNX Bulletins to inform the public of halts, suspensions, delists and other enforcement actions. All CDNX Bulletins can be found on this website or InfoCDNX. In the public interest, trading halts or suspensions are maintained until the Surveillance Department is satisfied that there is adequate disclosure of the company's affairs and a level playing field for investors.

In addition to surveillance, the Market Regulation Department is comprised of an investigative services team that conducts investigations into alleged violations of securities trading. The CDNX Conduct Review Committee determines whether a case for discipline exists. Disciplinary cases either result in a settlement reached between CDNX and the respondent or they proceed to a disciplinary hearing. The public can attend disciplinary hearings, view the exhibits filed and obtain copies of the decisions issued by the panel. If the hearing panel’s decision is not acceptable to either CDNX or the respondent, an appeal process may be initiated.