Decisions
Thierry Gevaert [Reciprocal Order]
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BCSECCOM #:
2010 BCSECCOM 524
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Document Type:
Reciprocal Order
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Published Date:
2010-09-09
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Effective Date:
2010-09-08
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Details:
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2010 BCSECCOM 524
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2010 BCSECCOM 524
Reciprocal Order
Thierry Gevaert
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 Thierry Gevaert is subject to an order made by the Alberta Securities Commission imposing sanctions on him in a decision rendered May 13, 2010 in Hav-Loc Private Wealth Partners Inc., Re, 2010 ABASC 225.
Order
¶ 3 After providing Gevaert an opportunity to be heard, and considering staff’s and Gevaert’s submissions, and considering it to be in the public interest, we order:
1. under section 161(1)(b) of the Act, that Gevaert cease trading in, and is prohibited from purchasing, securities and exchange contracts until May 13, 2015, except that Gevaert may trade and purchase securities in accordance with the terms of the ASC decision,
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 Gevaert until May 13, 2015, and
3. under section 161(1)(d)(i) and (ii) of the Act, that Gevaert resign any position he holds as, and is prohibited until May 13, 2015, from becoming or acting as, a director or officer of any issuer in accordance with the terms of the ASC decision.
¶ 4 September 8, 2010
¶ 5 For the Commission
Brent W. Aitken
Vice Chair
Kenneth G. Hanna
Commissioner