Quebec firm not registered to sell securities in New Brunswick
An investigation has resulted in a New Brunswick Securities Commission (NBSC) hearing panel ordering that Strategic Energy Partners and Jim Palmer be banned from trading securities in New Brunswick, the regulator announced Wednesday.A New Brunswick resident had been solicited by telephone to invest in securities of Clean Coal Technologies Inc. (CCTI). The salespeople said that […]
Toronto-based partner prohibited from acting as officer, director
Legacy Associates fined $15,000 for compliance violations
Niles and BCS ignored court order instructing them not to trade
Two securities companies were ordered in September by a New Brunswick Securities Commission (NBSC) panel to cease trading in all securities after a New Brunswick resident filed a complaint against Global Energy Group Ltd. and New Gold Ltd. Partnerships. The panel issued its reasons for decision on Oct. 20 October, following a similar order issued […]
NBSC settles with Alberta respondents
Park fined $15,000 for failing to ensure clients qualified as accredited investors
Williamson and Lee succeed Flemming and Hashey
A New Brunswick Securities Commission hearing panel has levied a $160,000 penalty against the alleged mastermind of a pyramid scheme.The NBSC says that a hearing panel has issued a significant penalty against Robert Lane, president of Wealth Pools of Orlando, Fla. an alleged pyramid-type investment scheme. Lane was ordered to pay $160,000 in administrative penalties […]