Close X
Monday, November 11, 2024
ADVT 
National

B.C. Broker Who 'Lied' Ordered By Securities Regulator To Pay $30,000 Penalty

The Canadian Press, 08 May, 2015 07:51 PM
    VANCOUVER — British Columbia's securities regulator has ordered a broker to pay a $30,000 penalty for misconduct.
     
    The B.C. Securities Commission says its panel found William Wood traded in securities that were on his employer's restricted list and set up an offshore structure to hide his trading activities.
     
    The panel says Wood intentionally withheld the information from his employer and lied to commission staff and the Investment Industry Regulatory Organization of Canada.
     
    The panel says in a written decision that Wood's conduct raises concerns about his fitness to be a registrant and whether he represents a risk to the capital market.
     
    In addition to the $30,000 penalty, Wood has been prohibited from becoming or acting as a registrant.
     
    The panel says Wood also cannot be in a management or consultative role in connection to the securities market for a year.

    MORE National ARTICLES

    Flaming Lips, The Roots To Perform Free Shows In Toronto During Pan Am Games

    Flaming Lips, The Roots To Perform Free Shows In Toronto During Pan Am Games
    TORONTO — Psych-rock outfit the Flaming Lips and long-running alt-hip-hop band the Roots will perform free public shows during the Pan Am Games in Toronto this summer.

    Flaming Lips, The Roots To Perform Free Shows In Toronto During Pan Am Games

    Best Buy To Offer Use Of Its Stores, Website To Other Canadian Retailers

    Best Buy To Offer Use Of Its Stores, Website To Other Canadian Retailers
    BURNABY, B.C. — Best Buy says it's preparing to offer other retailers the chance to sell their products on its website and allow their customers to pick up their merchandise at its 192 Canadian stores.

    Best Buy To Offer Use Of Its Stores, Website To Other Canadian Retailers

    Union Says 120 Layoffs At B.C.'s Mount Polley Mine Leaves 'Skeleton Crew'

    Union Says 120 Layoffs At B.C.'s Mount Polley Mine Leaves 'Skeleton Crew'
    LIKELY, B.C. — The union representing workers at a British Columbia mine hit by a tailings pond breach says continued layoffs have left a skeleton crew as the facility prepares for a potential restart.

    Union Says 120 Layoffs At B.C.'s Mount Polley Mine Leaves 'Skeleton Crew'

    New Brunswick Man Charged After 2,000 Boys Allegedly Lured Online

    New Brunswick Man Charged After 2,000 Boys Allegedly Lured Online
    MONCTON, N.B. — The RCMP in New Brunswick are investigating after a young man allegedly pretended to be a teenaged girl online and lured as many as 2,000 boys.

    New Brunswick Man Charged After 2,000 Boys Allegedly Lured Online

    Christy Clark Looks Forward To Working With Alberta Premier-Elect Rachel Notley

    Christy Clark Looks Forward To Working With Alberta Premier-Elect Rachel Notley
    VICTORIA — B.C. Premier Christy Clark says she's looking forward to working productively with Alberta premier-elect Rachel Notley for a prosperous West.

    Christy Clark Looks Forward To Working With Alberta Premier-Elect Rachel Notley

    Canada Post Gives Online Shoppers More Options For Shipping Their Order

    Canada Post Gives Online Shoppers More Options For Shipping Their Order
    The postal service said Wednesday that FlexDelivery will allow customers to decide exactly which post office receives the delivery of their online order.

    Canada Post Gives Online Shoppers More Options For Shipping Their Order