I will be quick.
This is still about section 31 and the offence. My amendment seeks to impose a fine or a prison term on those who violate section 29. I am not including section 28. Section 29 prohibits the use of the name, the initials or the acronyms of the bank.
Because my amendment was not adopted, I think it is better to remove section 28 from offences that could result in penalties of up to $10,000 and imprisonment of up to six months. I assume this is about formal requests, or informal ones from investors seeking more protection for the information. BlackRock got what it wanted. As it stands, those who commit an offence like the one described in subsection 28(1) are going to be subject to harsh penalties. I think it is appropriate to remove section 28 from the proposed legislation completely.