BCSC

Decisions

Benhard Andrew Anderson [Reciprocal Order]

BCSECCOM #: 2009 BCSECCOM 378	Document Type: Reciprocal Order
Published Date: 2009-07-14	Effective Date: 2009-07-07
Details:

2009 BCSECCOM 378

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2009 BCSECCOM 378

Reciprocal Order

Benhard Andrew Anderson

Section 161(1) of the Securities Act, RSBC 1996, c. 418

Introduction

¶ 1 This is an order under sections 161(1) and 161(6)(c) of the Securities Act, RSBC 1996, c.418.

Background

¶ 2 Benhard Andrew Anderson is subject to an order made by the Alberta Securities Commission imposing sanctions on him in a decision rendered March 24, 2009 in Anderson, Re, 2009 ABASC 126.

Order

¶ 3 After providing Anderson 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)(d)(i) and (ii) of the Act, that Anderson resign any position he holds as, and is prohibited until March 24, 2016, from becoming or acting as, a director or officer of any issuer, registrant or investment fund manager,

2. under section 161(1)(d)(iii) of the Act, that Anderson is prohibited until March 24, 2016, from becoming or acting as a registrant, investment fund manager or promoter,

3. under section 161(1)(d)(iv) of the Act, that Anderson is prohibited until March 24, 2016, from acting in a management or consultative capacity in connection with activities in the securities market, and

4. under section 161(1(d)(v) of the Act, that Anderson is prohibited until March 24, 2016, from engaging in investor relations activities,

¶ 4 July 7, 2009

¶ 5 For the Commission

Brent W. Aitken Suzanne K. Wiltshire

Vice Chair Commissioner