Securities

B.C. man sanctioned for illegally distributing securities Fallback Image Decorative pattern

Industry

B.C. man sanctioned for illegally distributing securities

In a settlement agreement with the British Columbia Securities Commission, Richard Gozdek has admitted that he illegally sold securities in Armadillo, a Nevada corporation.

By Staff |June 19, 2013

2 min read

Regulation by product is a problem: CSA roundtable Fallback Image Decorative pattern

Industry

Regulation by product is a problem: CSA roundtable

Participants were concerned about regulatory arbitrage and limiting advice access for lower-income folks.

By Staff |June 18, 2013

3 min read

Do clients have worthless stock? Fallback Image Decorative pattern

Industry

Do clients have worthless stock?

When a client dies, any property he owned is automatically deemed sold at fair market value, which could lead to capital gains or losses. But what if that property includes stock certificates from companies that no longer exist?

June 10, 2013

1 min read

SEC suspends trading of 61 empty shell companies Fallback Image Decorative pattern

Industry

SEC suspends trading of 61 empty shell companies

The Securities and Exchange Commission has made the second-largest trading suspension in agency history.

By Staff |June 4, 2013

2 min read