A former rep has been hit with a temporary cease trading order by the Nova Scotia Securities Commission (NSSC), amid allegations that he traded without registration.

The NSSC announced today that it has issued a 15-day cease trade order against Michael Harrigan, a former dealing rep who is no longer registered with the commission. The order requires Harrigan to stop acting as a registered rep, and to cease trading in securities for anyone other than himself.

The commission alleges that he appears to have traded without registration, thereby violating the province’s securities laws. According to the Canadian Securities Administrators’ national registration database, Harrigan was last registered as a mutual fund rep in 2011. The allegations have not been proven.

The commission has set a hearing date on July 31 to review the temporary order.