Close X
Wednesday, December 4, 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

    Trial Of Accused Terrorists Gets First Look At Pressure Cookers Lined With Nails

    Trial Of Accused Terrorists Gets First Look At Pressure Cookers Lined With Nails
    VANCOUVER — A B.C. Supreme Court jury has had a firsthand look inside the pressure cookers that were allegedly turned into bombs and left to detonate outside the provincial legislature.

    Trial Of Accused Terrorists Gets First Look At Pressure Cookers Lined With Nails

    Court Hears Of A Mother's Pain At Sentencing Hearing In Loretta Saunders Murder

    Court Hears Of A Mother's Pain At Sentencing Hearing In Loretta Saunders Murder
    HALIFAX — The mother of Loretta Saunders has told a court that her heart constantly aches since the death of her daughter, whose remains were found inside a hockey bag along a highway in New Brunswick last year.

    Court Hears Of A Mother's Pain At Sentencing Hearing In Loretta Saunders Murder

    Charlottetown Sets Unofficial Record For Snowfall Total: Environment Canada

    Charlottetown Sets Unofficial Record For Snowfall Total: Environment Canada
    CHARLOTTETOWN — Residents of Charlottetown say it was one of the worst winters on record — and now they have some unofficial numbers to prove it.

    Charlottetown Sets Unofficial Record For Snowfall Total: Environment Canada

    Surrey Gang War: More Shots Fired Late-Night, Hours After Premier Assures Residents

    Surrey Gang War: More Shots Fired Late-Night, Hours After Premier Assures Residents
    On Tuesday afternoon, Clark announced her government would contribute $270,000 to an overburdened anti-gang initiative in Surrey called Wraparound.

    Surrey Gang War: More Shots Fired Late-Night, Hours After Premier Assures Residents

    Man Arrested After Three People Found Dead In Burns Lake, B.C., Home: Police

    Man Arrested After Three People Found Dead In Burns Lake, B.C., Home: Police
    BURNS LAKE, B.C. — RCMP are investigating the murders of three people whose bodies were found in a home in Burns Lake, B.C.

    Man Arrested After Three People Found Dead In Burns Lake, B.C., Home: Police

    Another Stabbing And Shooting In Same Surrey Neighbourhood; RCMP Investigate

    Another Stabbing And Shooting In Same Surrey Neighbourhood; RCMP Investigate
    SURREY, B.C. — Investigators are canvassing a Surrey, B.C., neighbourhood after police say more gunfire erupted in the same area where someone was stabbed.

    Another Stabbing And Shooting In Same Surrey Neighbourhood; RCMP Investigate