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.

Prev Next

MORE National ARTICLES

Great-Sounding Offer Really Is Too Good To Be True: B.C. Securities Commission

VANCOUVER — The B.C. Securities Commission is warning potential investors about companies associated with a man who is offering economically impossible returns.

Great-Sounding Offer Really Is Too Good To Be True: B.C. Securities Commission

B.C. New Democrat Leader Says Alberta Victory Bodes Well For NDP Elsewhere

VICTORIA — An ecstatic British Columbia New Democrat Leader John Horgan donned orange socks and an orange tie to celebrate the historic NDP election win in Alberta.

B.C. New Democrat Leader Says Alberta Victory Bodes Well For NDP Elsewhere

Ontario Child Porn Investigation Triggers International Operation

TORONTO — Dozens of suspects, including some as young as 12, have been arrested in connection with a child pornography investigation that began in southern Ontario and spanned many countries.

Ontario Child Porn Investigation Triggers International Operation

Police Investigate Suspicious Packages Mailed To Courts In Atlantic Canada

ST. JOHN'S, N.L. — Police in Newfoundland say there aren't any known public safety risks as they investigate suspicious packages after courts and other buildings were cleared as a precaution.

Police Investigate Suspicious Packages Mailed To Courts In Atlantic Canada

NDP Win In Alberta Could Offer Momentum For Party In Other Parts Of Country

WINNIPEG — A political scientists says the NDP election victory in Alberta could boost fortunes for the New Democrats in other provinces and federally at a time when the party could use some momentum.