Decisions
Roy Jennix [Reciprocal Order]
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BCSECCOM #:
2010 BCSECCOM 525
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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 525
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Reciprocal Order
Roy Jennix
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 Roy Jennix is subject to an order made by the Alberta Securities Commission imposing sanctions on him in a decision rendered July 29, 2009 inJennix, Re, 2009 ABASC 368
Order
¶ 3 After providing Jennix 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 Jennix cease trading in, and is prohibited from purchasing, securities and exchange contracts until July 29, 2021, except that Jennix may trade and purchase securities and exchange contracts 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 Jennix until July 29, 2021, and
3. under section 161(1)(d)(i) and (ii) of the Act, that Jennix resign any position he holds as, and is prohibited until July 29, 2021, from becoming or acting as, a director or officer of any issuer.
¶ 4 September 8, 2010
¶ 5 For the Commission
Brent W. Aitken
Vice Chair
David J. Smith
Commissioner