VANCOUVER, March 31 /CNW/ - Credit union employees will learn how to
detect and prevent investment fraud by participating in a new training course
developed by a group of securities regulators and the key education provider
for credit unions across Canada.
The 30-minute online course teaches employees how to identify common
types of investment fraud, recognize warning signs, understand the financial
and social impact of investment fraud, and help those who may be at risk.
"Our goal is to help Canadians avoid falling victim to investment fraud.
The new course outlines information that will give employees of financial
institutions the knowledge they need to actively make a difference," says
Brenda Leong, executive director of the B.C. Securities Commission.
The course, funded by the securities commissions in British Columbia,
Alberta, Manitoba, New Brunswick and Nova Scotia, is one of the new training
courses offered by CU
SOURCE(R) Credit Union Knowledge Network (CU
Knowledge Network), the strategic people development organization for the
credit union system in Canada.
Investor education staff from five securities regulators worked with
SOURCE Knowledge Network and Credit Union Central of B.C. to develop the
course content, which features interactive exercises and scenarios.
SOURCE Knowledge Network immediately saw the value of working with the
securities commissions to bring this education to credit unions and their
employees," said CU
SOURCE Knowledge Network CEO Cheryl Byrne.
There are 472 credit unions with 1,772 locations serving more than
five million members across Canada. CU
SOURCE Knowledge Network training is
available to nearly 30,000 credit union system employees. Credit Union
subscribers to CU
SOURCE Knowledge Network will have access to the course free
SOURCE Knowledge Network is the home of learning, knowledge sharing,
career management and strategic people development for the Canadian credit
union system. It provides access to a variety of learning vehicles, knowledge
sharing and management tools, both online and in the classroom. Credit Union
Central of Canada, the provincial Centrals, strategic partners and individual
credit unions actively support CU
SOURCE Knowledge Network.
The B.C. Securities Commission, Alberta Securities Commission, Manitoba
Securities Commission, New Brunswick Securities Commission and Nova Scotia
Securities Commission are responsible for regulating securities in their
For further information:
For further information: Andrew Poon, British Columbia Securities
Commission, (604) 899-6880; Tamera Van Brunt, Alberta Securities Commission,
(403) 297-2664; Ainsley Cunningham, Manitoba Securities Commission, (204)
945-4733; Jane Gillies, New Brunswick Securities Commission, (506) 643-7745;
Natalie MacLellan, Nova Scotia Securities Commission, (902) 424-8586; Art
Chamberlain, Credit Union Central of Canada, (416) 232-3466, (416) 540-0869