Decisions
Edward Bernard Johnson [Decision]
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BCSECCOM #:
2007 BCSECCOM 623
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Document Type:
Decision
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Published Date:
2007-10-15
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Effective Date:
2007-10-15
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Details:
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2007 BCSECCOM 623
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Hearing
| Panel | Brent W. Aitken | Vice Chair |
| David J. Smith | Commissioner | |
| Suzanne K. Wiltshire | Commissioner |
| Hearing date | September 19, 2007 |
| Date of decision | October 15, 2007 |
| Appearing | |
| John S. Forstrom | For Edward Bernard Johnson |
| C. Paige Leggat Lisa Ridgedale | For the Executive Director |
¶ 1 This is an application by Edward Bernard Johnson under section 171 of the Securities Act RSBC 1996, c. 418. Johnson wants us to vary our July 20, 2007 Decision in Edward Bernard Johnson 2007 BCSECCOM 437. That decision was based on our Findings in the same matter (see EdwardBernard Johnson 2007 BCSECCOM 257).
¶ 2 In our decision we ordered Johnson to pay an administrative penalty of $68,000. We also ordered a two-month suspension with the proviso that the suspension would continue for so long as the penalty remained unpaid.
¶ 3 Johnson is applying to vary our order to reduce the penalty to $20,000 and to drop the proviso extending the period of suspension until the penalty is paid.