This chapter provides an overview of the securities regulatory system in Canada. Securities law encompasses a wide range of areas that include dealer and adviser registration (equivalent to licensing), public and private offerings of securities, stock exchanges and other securities markets, continuous disclosure by public companies, insider trading and tipping, take-over bids, business combinations, corporate governance, investment funds and derivatives. Securities legislation provides for enforcement through regulatory proceedings, such as the denial of the right to participate in the securities markets, and prosecution for provincial or territorial offences. There is also a civil liability regime that provides legal remedies to investors who suffer damages under certain circumstances, including as a result of misleading disclosure by public companies or their representatives.