Regulator focused on IIROC’s conduct rather than Golden’s, court rules
Golden Capital Securities Ltd. intends to seek leave to appeal a British Columbia Securities Commission panel decision to uphold disciplinary action taken by the Investment Industry Regulatory Organization of Canada (IIROC) against the firm, IIROC said Monday.In late 2007 and early 2008, an IIROC hearing panel found that Golden Capital contravened IIROC bylaws by withholding […]
Penalty and costs called “reasonable and appropriate”
An appeal panel of the Investment Industry Regulatory Organization of Canada has reduced fines against a Vancouver-based CFO who argued the penalty against him was unreasonably high, IIROC announced on Wednesday.In March 2008, an IIROC hearing panel found that Mark Lotz, former CFO of Golden Capital Securities Ltd., submitted false information to the IDA and […]
The Investment Dealers Association of Canada (IDA) announced today that following an expedited review hearing held on March 20, an IDA hearing panel has reinstated the registration of Gerald Danny Stefaniuk.At an expedited hearing on March 4, a hearing panel suspended the registration of Stefaniuk definitely. He subsequently requested an expedited review hearing to review […]
Lotz accused failing to disclose information to his firm
Firm withheld information needed for an investigation