Decisions
William Mankofsky [Reciprocal Order]
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BCSECCOM #:
2010 BCSECCOM 261
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Document Type:
Reciprocal Order
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Published Date:
2010-05-18
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Effective Date:
2010-05-14
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Details:
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2010 BCSECCOM 261
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2010 BCSECCOM 261
Reciprocal Order
William Mankofsky
Section 161(1) of the Securities Act, RSBC 1996, c. 418
William Mankofsky
Section 161(1) of the Securities Act, RSBC 1996, c. 418
Introduction
¶ 1 This is an order under sections 161(1) and 161(6)(d) of the Securities Act, RSBC 1996, c.418.
Background
¶ 2 William Mankofsky has agreed with the Ontario Securities Commission to be subject to sanctions in a settlement agreement approved by the OSC on July 24, 2009 In the matter of William Mankofsky.
Order
¶ 3 After providing Mankofsky an opportunity to be heard, and considering staff’s submissions, and considering it to be in the public interest, we order:
- 1. under section 161(1)(b) of the Act, that Mankofsky cease trading in, and is prohibited from purchasing, securities and exchange contracts until July 24, 2013, except that Mankofsky may trade and purchase securities in accordance with the terms of the OSC order,
2. under section 161(1)(c) of the Act, that any or all of the exemptions set out in the regulations do not apply to Mankofsky until July 24, 2013,
3. under section 161(1)(d)(i) and (ii) of the Act, that Mankofsky is prohibited until July 24, 2013 from becoming or acting as a director and officer of any issuer, registrant or investment fund manager, and
4. under section 161(1)(d)(iii) of the Act, that Mankofsky is prohibited until July 24, 2013 from becoming or acting as a registrant, investment fund manager or promoter.
¶ 4 May 14, 2010
¶ 5 For the Commission
Brent W. Aitken
Vice Chair
Suzanne K. Wiltshire
Commissioner