Decisions

John David Briner [Reciprocal Order]

BCSECCOM #:
2011 BCSECCOM 155
Document Type:
Reciprocal Order
Published Date:
2011-04-06
Effective Date:
2011-04-05
Details:

2011 BCSECCOM 155

Click on the Adobe icon to launch the Acrobat Reader

2011 BCSECCOM 155



Reciprocal Order

John David Briner

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 John David Briner agreed with the United States Securities and Exchange Commission to be subject to sanctions when he consented to the terms of a final judgment in a civil proceeding in the United States District Court Southern District of New York.

      Order
¶ 3 After providing Briner an opportunity to be heard, and considering staff’s and Briner’s submissions, and considering it to be in the public interest, we order:

      1. under section 161(1)(b) of the Act, that until November 3, 2015, Briner cease trading in, and is prohibited from purchasing, securities and exchange contracts;

      2. under section 161(1)(d)(i) and (ii) of the Act, that Briner resign any position he holds as a director of any issuer, registrant or investment fund manager and is prohibited until November 3, 2015, from becoming or acting as a director or officer of any issuer, registrant or investment fund manager;

      3. under section 161(1)(d)(iii) of the Act, that until November 3, 2015, Briner is prohibited from becoming or acting as a registrant, investment fund manager or promoter;

      4. under section 161(1)(d)(iv) of the Act, that until November 3, 2015, Briner is prohibited from acting in a management or consultative capacity in connection with activities in the securities market; and


      5. under section 161(1(d)(v) of the Act, that until November 3, 2015, Briner is prohibited from engaging in investor relations activities.

¶ 4 April 5, 2011

¶ 5 For the Commission




Brent W. Aitken
Vice Chair

Bradley Doney
Commissioner