Close X
Friday, November 29, 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

    Canadian Man Sentenced On U.S. Child Porn Charges After Emailng Undercover Agent

    Canadian Man Sentenced On U.S. Child Porn Charges After Emailng Undercover Agent
    PORTLAND, Maine — A Canadian man has been sentenced to 8 1/2 years in a U.S. prison for emailing images of child pornography to an undercover federal agent in Maine.

    Canadian Man Sentenced On U.S. Child Porn Charges After Emailng Undercover Agent

    2 Charged In Fatal Shooting Of Canadian After Kentucky Derby Plead Not Guilty

    2 Charged In Fatal Shooting Of Canadian After Kentucky Derby Plead Not Guilty
    Police have said 49-year-old Scott Hunter of Toronto was shot to death while trying to fight off three people who robbed him at random after he attended the famed horse race.

    2 Charged In Fatal Shooting Of Canadian After Kentucky Derby Plead Not Guilty

    Woman Denied Fishing Captain Licence Because Of Her Gender: Human Rights Tribunal

    Woman Denied Fishing Captain Licence Because Of Her Gender: Human Rights Tribunal
    The Canadian Human Rights Tribunal has ruled that a Nova Scotia aboriginal community discriminated against a female member by denying her work in the local fishing industry because of her gender.

    Woman Denied Fishing Captain Licence Because Of Her Gender: Human Rights Tribunal

    'Change Has Finally Come:' NDP's Rachel Notley Promises Albertans New Ideas

    'Change Has Finally Come:' NDP's Rachel Notley Promises Albertans New Ideas
    The New Democrats, under leader Rachel Notley, swept all 19 constituencies in Edmonton on Tuesday and made significant inroads in previously barren NDP territory in Calgary, Lethbridge and rural Alberta.

    'Change Has Finally Come:' NDP's Rachel Notley Promises Albertans New Ideas

    Energy Stocks Hit As Oilpatch Takes Stock Of Ndp Election Victory In Alberta

    Energy Stocks Hit As Oilpatch Takes Stock Of Ndp Election Victory In Alberta
    The energy group as a whole was down about two per cent in late morning trading Wednesday, with big oilsand company Cenovus (TSX:CNQ) falling by about four per cent.

    Energy Stocks Hit As Oilpatch Takes Stock Of Ndp Election Victory In Alberta

    New Brunswick Premier To Seek Notley's Support For Proposed Energy East Pipeline

    The NDP's Rachel Notley will become premier after her party defeated the Tories in Tuesday's vote to form a majority government after capturing 53 of the 87 seats in the legislature.

    New Brunswick Premier To Seek Notley's Support For Proposed Energy East Pipeline