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Investment broker sanctioned for 1 year?
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Logitack
- Walks on Forum Water
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Investment broker sanctioned for 1 year?
The panel says in a written decision that Wood's conduct raises concerns about his fitness to be a registrant and whether he represents a risk to the capital market.
In addition to the $30,000 penalty, Wood has been prohibited from becoming or acting as a registrant.
The panel says Wood also cannot be in a management or consultative role in connection to the securities market for a year.
http://www.castanet.net/edition/news-st ... htm#139525
this 1 year suspension seems to be a pretty light sanction against someone who is entrusted to be an investment advisor, right?
Is this prohibition from becoming or acting as a registrant also for one year?
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Bsuds
- The Wagon Master
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Re: Investment broker sanctioned for 1 year?
He is obviously crooked and should lose his license permanently!
I got Married because I was sick and tired of finishing my own sentences.
That's worked out great for me!
That's worked out great for me!
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Smurf
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Re: Investment broker sanctioned for 1 year?
He can be rehabilitated. Have you ever heard of anyone re offending? LOL
Consider how hard it is to change yourself and you'll understand what little chance you have of changing others.
The happiest of people don't necessarily have the best of everything, they just make the most of everything that comes their way.
The happiest of people don't necessarily have the best of everything, they just make the most of everything that comes their way.
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Logitack
- Walks on Forum Water
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- Joined: Aug 12th, 2009, 7:13 pm
Re: Investment broker sanctioned for 1 year?
who gets to sit on the BC securities commission? are they appointed? by whom? Is this commission similar to say the BC College of physicians or the former BCCT now called TRB?
in any event, I am appalled at the light sentencing this broker received. outrageous!
in any event, I am appalled at the light sentencing this broker received. outrageous!
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Captain Awesome
- Buddha of the Board
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Re: Investment broker sanctioned for 1 year?
White collar crimes are low priority, I guess.
Otherwise half the govt would be in jail, lol.
Otherwise half the govt would be in jail, lol.
Sarcasm is like a good game of chess. Most people don't know how to play chess.
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twobits
- Guru
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Re: Investment broker sanctioned for 1 year?
Captain Awesome wrote:White collar crimes are low priority, I guess.
Otherwise half the govt would be in jail, lol.
Not any lower a threshold than certain groups that blockade roads or railways or the eco flavour of the day it seems.
Do not argue with an idiot. He will drag you down to his level and beat you with experience.
The problem with the gene pool is that there is no lifeguard.
The problem with the gene pool is that there is no lifeguard.