Close X
Saturday, November 16, 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

    Conservatives Studying Anti-terrorism Bill Reject Opposition Changes

    Conservatives Studying Anti-terrorism Bill Reject Opposition Changes
    OTTAWA — The Conservatives have used their majority on the House of Commons public safety committee to vote down the first wave of opposition amendments to the federal anti-terrorism bill.

    Conservatives Studying Anti-terrorism Bill Reject Opposition Changes

    Ontario's Deficit Now At $10.9 Billion, Lower Than Projected $12.5 Billion: Sousa

    The revised deficit figure, announced Tuesday by Finance Minister Charles Sousa, is lower than the previously projected $12.5 billion, but critics and opposition leaders remain skeptical about the Liberal government's ability to balance the books in two years, as promised.

    Ontario's Deficit Now At $10.9 Billion, Lower Than Projected $12.5 Billion: Sousa

    Medical Community Skeptical About Ontario's Move To Regulate Homeopaths

    Medical Community Skeptical About Ontario's Move To Regulate Homeopaths
    TORONTO — Ontario's move to regulate the field of homeopathy in a way similar to how it governs doctors and nurses, making it the first province to do so, is being greeted with skepticism from some in the medical and scientific community.

    Medical Community Skeptical About Ontario's Move To Regulate Homeopaths

    Wallin Expensed Private, Business Trips To Toronto And Guelph, RCMP Alleges

    Wallin Expensed Private, Business Trips To Toronto And Guelph, RCMP Alleges
    OTTAWA — The RCMP has filed new documents in court alleging Pamela Wallin submitted 21 travel expense claims to the Senate for reimbursement for private and business trips to Toronto and Guelph.

    Wallin Expensed Private, Business Trips To Toronto And Guelph, RCMP Alleges

    Highlights Of Information Watchdog's Report On Access To Information Reform

    Highlights Of Information Watchdog's Report On Access To Information Reform
    OTTAWA — Highlights of information commissioner Suzanne Legault's special report to Parliament on Access to Information reform:

    Highlights Of Information Watchdog's Report On Access To Information Reform

    Lawsuit Veterans Expecting More Out Of Ottawa In Benefits Overhaul

    Lawsuit Veterans Expecting More Out Of Ottawa In Benefits Overhaul
    OTTAWA — Veterans at the centre of a class-action lawsuit against the federal government are waiting to see whether legislation introduced this week by the Harper government to improve benefits is the beginning, or the end, of reforms to the system.

    Lawsuit Veterans Expecting More Out Of Ottawa In Benefits Overhaul