Securities Regulators and Credit Union Educators
Launch Course to Fight Investment Fraud
(March 31, 2008) Winnipeg, Manitoba - Credit union employees across Canada will be better equipped to detect and prevent investment fraud as a result of an innovative training partnership between Canadian securities regulators including the Manitoba Securities Commission and CUSOURCE, the key educational services provider to Canada’s Credit Unions.
Starting April, employees will be able to access the 30-minute online training module that teaches employees how to identify common types of investment fraud, recognize warning signs and opportunities to educate members, understand the consequences of investment fraud and its impact on members, and help members who may be at risk of becoming a victim of investment fraud.
“Credit Union staff across Manitoba are an important ally in our ongoing efforts to eliminate the financial and social hardships caused by investment fraud,” said Ainsley Cunningham, Education and Information Coordinator with the Manitoba Securities Commission. “This program meets our objectives of providing Manitobans the information they need, while actively encouraging front line staff to make a difference in the fight against fraud,” she says.
The course, funded by the securities commissions in Manitoba, Nova Scotia, British Columbia, Alberta, and New Brunswick, is one of the new training courses offered by CUSOURCE® Credit Union Knowledge Network, the strategic people development organization for the credit union system in Canada. Investor education staff from five securities regulators worked with CUSOURCE® to develop the course content, which features interactive exercises and scenarios.
“CUSOURCE® Knowledge Network immediately saw the value of working with the Securities Commissions to bring the education to credit unions and their employees,” said CUSOURCE® Knowledge Network CEO Cheryl Byrne.
There are 52 credit unions in Manitoba with 180 locations across the province. CUSOURCE® training is available to over 2700 credit union employees in Manitoba. Credit Union subscribers to CUSOURCE® will have access to the course free of charge.
CUSOURCE® Credit Union Knowledge Network is the home of learning, knowledge sharing, career management and strategic people development for the Canadian credit union system. They provide access to a variety of learning vehicles, knowledge sharing and management tools, both online and in the classroom.
The Manitoba Securities Commission is an independent agency of the Government of Manitoba that protects investors and promotes fair and efficient capital markets throughout the province.
Media Contact:
Ainsley Cunningham, Education and Information Coordinator
The Manitoba Securities Commission
204-945-4733
Securities Regulators and Credit Union Educators
Launch Course to Fight Investment Fraud
(March 31, 2008) Winnipeg, Manitoba - Credit union employees across Canada will be better equipped to detect and prevent investment fraud as a result of an innovative training partnership between Canadian securities regulators including the Manitoba Securities Commission and CUSOURCE, the key educational services provider to Canada’s Credit Unions.
Starting April, employees will be able to access the 30-minute online training module that teaches employees how to identify common types of investment fraud, recognize warning signs and opportunities to educate members, understand the consequences of investment fraud and its impact on members, and help members who may be at risk of becoming a victim of investment fraud.
“Credit Union staff across Manitoba are an important ally in our ongoing efforts to eliminate the financial and social hardships caused by investment fraud,” said Ainsley Cunningham, Education and Information Coordinator with the Manitoba Securities Commission. “This program meets our objectives of providing Manitobans the information they need, while actively encouraging front line staff to make a difference in the fight against fraud,” she says.
The course, funded by the securities commissions in Manitoba, Nova Scotia, British Columbia, Alberta, and New Brunswick, is one of the new training courses offered by CUSOURCE® Credit Union Knowledge Network, the strategic people development organization for the credit union system in Canada. Investor education staff from five securities regulators worked with CUSOURCE® to develop the course content, which features interactive exercises and scenarios.
“CUSOURCE® Knowledge Network immediately saw the value of working with the Securities Commissions to bring the education to credit unions and their employees,” said CUSOURCE® Knowledge Network CEO Cheryl Byrne.
There are 52 credit unions in Manitoba with 180 locations across the province. CUSOURCE® training is available to over 2700 credit union employees in Manitoba. Credit Union subscribers to CUSOURCE® will have access to the course free of charge.
CUSOURCE® Credit Union Knowledge Network is the home of learning, knowledge sharing, career management and strategic people development for the Canadian credit union system. They provide access to a variety of learning vehicles, knowledge sharing and management tools, both online and in the classroom.
The Manitoba Securities Commission is an independent agency of the Government of Manitoba that protects investors and promotes fair and efficient capital markets throughout the province.
| Media Contact: | Ainsley Cunningham, Education and Information Coordinator The Manitoba Securities Commission 204-945-4733 |
