A recent Court of Appeal decision affirmed the broad reach of the British Columbia Securities Commission (BCSC) to sanction the conduct of BC residents in actions targeted at investors located in foreign jurisdictions. In McCabe v. British Columbia (Securities Commission), the court affirmed the jurisdiction of the BCSC to sanction a BC resident for making misrepresentations in documents about an American company distributed to residents in the United States. The Court of Appeal affirmed that Mr. McCabe’s actions had a real and substantial connection with BC and therefore were found to be within the jurisdiction of the BCSC.