Corrupt heads of Financial Securities agencies use their position and powers to loot investors' resources.
• Business leaders or senior executives manipulate or misreport financial data to misrepresent a company's proper financial position.
•Grant Vingoe, Chief Executive Officer of OSC
Saw his salary increase from 2015 $137,382 to $709,692 (over 516%). Staffed by over 300 people and with a budget of over $60 million, the amount of fraud has risen 46% YOY, and they collect only 8% of the fines they impose on fraudsters. I highly doubt those statistics are deserving of such raises.