Securities commission

BCSC settles with two B.C. residents for selling securities without a prospectus

Retrieved on: 
Monday, May 14, 2018
73rd United States Congress, U.S. Securities and Exchange Commission, British Columbia Securities Commission, Prospectus, Securities Act, Security, BCSC, Finance, Securities commission, Corporate finance, Government of Canada

VANCOUVER, May 14, 2018 /CNW/ -In a settlement agreement with the British Columbia Securities Commission (BCSC), B.C.

Key Points: 
  • VANCOUVER, May 14, 2018 /CNW/ -In a settlement agreement with the British Columbia Securities Commission (BCSC), B.C.
  • residents Laura Simonson and Gordon Espeseth admitted they sold securities without filing a prospectus and without an exemption from the prospectus requirement.
  • In respect of settlement of this matter, Simonson and Espeseth undertake to pay $3,000 jointly to the Commission.
  • The British Columbia Securities Commission is the independent provincial government agency responsible for regulating capital markets in British Columbia through the administration of the Securities Act.

Canadian securities regulators publish IIROC oversight review report

Retrieved on: 
Thursday, April 26, 2018
Government of Canada, Economy, Government, Canadian law, Canadian Securities Administrators, Investment Industry Regulatory Organization of Canada, Canadian securities regulation, Alberta Securities Commission, Securities commission, British Columbia Securities Commission, Ontario Securities Commission, Securities Commission of New Zealand

TORONTO, April 26, 2018 /CNW/ - The Canadian Securities Administrators (CSA) today released the Oversight Review Report of the Investment Industry Regulatory Organization of Canada (IIROC) .

Key Points: 
  • TORONTO, April 26, 2018 /CNW/ - The Canadian Securities Administrators (CSA) today released the Oversight Review Report of the Investment Industry Regulatory Organization of Canada (IIROC) .
  • On behalf of the CSA, the oversight review was conducted jointly by CSA staff of eight of the provincial securities regulators that recognize IIROC: the Alberta Securities Commission; the Autorit des marchs financiers; the British Columbia Securities Commission; the Financial and Consumer Affairs Authority of Saskatchewan; the Financial and Consumer Services Commission of New Brunswick; the Manitoba Securities Commission; the Nova Scotia Securities Commission; and the Ontario Securities Commission.
  • IIROC is also recognized by the Newfoundland and Labrador Office of the Superintendent of Securities, and the Prince Edward IslandOffice of the Superintendent of Securities.
  • The CSA, the council of the securities regulators of Canada's provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.

BCSC finds that B.C. man and company traded securities without being registered and without filing a prospectus

Retrieved on: 
Wednesday, April 18, 2018
73rd United States Congress, U.S. Securities and Exchange Commission, Finance, Securities Act, Prospectus, British Columbia Securities Commission, Security, Securities commission, Financial economics, Corporate finance, SEC filings, Securities Exchange Act

VANCOUVER, April 18, 2018 /CNW/ - A British Columbia Securities Commission (BCSC) panel has found that Prabhjot Singh Bakshi and SBC Financial Group Inc. traded securities without being registered and without filing a prospectus.

Key Points: 
  • VANCOUVER, April 18, 2018 /CNW/ - A British Columbia Securities Commission (BCSC) panel has found that Prabhjot Singh Bakshi and SBC Financial Group Inc. traded securities without being registered and without filing a prospectus.
  • resident, was previously registered under the Securities Act in various categories, but was not registered during the relevant period.
  • The respondents were not registered to trade securities under the Act, nor did they file a prospectus relating to the sale of those securities.
  • The British Columbia Securities Commission is the independent provincial government agency responsible for regulating capital markets in British Columbia through the administration of the Securities Act.