Court appoints receiver to manage affairs of Traynor Ridge Capital Inc.
TORONTO, Nov. 3, 2023 /CNW/ - The Ontario Superior Court of Justice made an order today appointing Ernst & Young Inc. as receiver and manager over the affairs of Traynor Ridge Capital Inc. ("Traynor Ridge Capital") and the funds it manages.
- TORONTO, Nov. 3, 2023 /CNW/ - The Ontario Superior Court of Justice made an order today appointing Ernst & Young Inc. as receiver and manager over the affairs of Traynor Ridge Capital Inc. ("Traynor Ridge Capital") and the funds it manages.
- On October 30, 2023, the OSC issued a temporary order against Traynor Ridge Capital that imposes terms and conditions on its registration and prohibits all trading in any securities by or of the firm and in three of the funds it manages.
- Clients of Traynor Ridge Capital with questions about the receivership will be able to visit www.ey.com/ca/traynorridge for additional information once the website is established.
- The OSC acknowledges the assistance and support of the Canadian Investment Regulatory Organization in this matter.