Firm cooperating with regulators
Castaneda continued trading despite order to stop
The Ontario Securities Commission today released its decision and reasons for imposing sanctions on Ontario broker Brian Verbeek.Between August 2000 and July 2001, Verbeek, who was a registered representative with Buckingham Securities Corp. ran an RRSP scheme, The Commission ordered that: Verbeek’s registration is terminated; he cease trading permanently, except that he may trade for […]
The Ontario Securities Commission’s corporate finance branch has issued a report detailing its findings in reviews of reporting issuers over the past year. “A key theme underlying this report is that the majority of our resources were dedicated to improving integrity in financial reporting. We achieved this by pursuing perceived deficiencies in issuers’ application of […]
LeSage appointed to three-year term
The first former executive of Philip Services Corp. has settled with the Ontario Securities Commission, agreeing to pay costs of $50,000 and testify against other executives.In a settlement agreement released yesterday, Colin Soule, who was Philip’s general counsel, admitted he failed to ensure key information was disclosed in a proxy circular for a new share […]
Members to serve two-year terms
Regulator calls six-month sentence “demonstrably unfit”
Former president made hundreds of trades in company’s shares
Regulator would get authority to make corporate governance rules