Decisions
Global Securities Corporation and TSX Venture Exchange [Decision]
|
BCSECCOM #:
2005 BCSECCOM 573
|
Document Type:
Decision
|
|
Published Date:
2005-09-09
|
Effective Date:
2005-09-08
|
|
Details:
|
|
2005 BCSECCOM 573
Click on the Adobe icon to launch the Acrobat Reader
Hearing
| Panel | Douglas M. Hyndman | Chair |
| Neil Alexander | Commissioner | |
| John Graf | Commissioner |
| Date of Hearing | January 20, 2005 |
| Date of Decision | September 8, 2005 |
| Appearing | |
| Robert W. Taylor Jordan Kinghorn | For Global Securities Corporation |
| Larry J. Jackie | For TSX Venture Exchange |
| C. Paige Leggat | For the Executive Director |
Introduction
1. This decision deals with a preliminary application in a review under section 28 of the Securities Act, RSBC 1996, c. 418.
2. The former Canadian Venture Exchange, now the TSX Venture Exchange, conducted a disciplinary proceeding against Global Securities Corporation and three of its representatives. The Exchange made three allegations against Global. Global admitted two of them and the disciplinary hearing panel dismissed the third. Both the Exchange and the executive director of the commission have applied under section 28 for a review of that decision. Global challenges the standing of the Exchange to make the application and seeks to limit the Exchange’s role as a party in the hearing and review.
1. This decision deals with a preliminary application in a review under section 28 of the Securities Act, RSBC 1996, c. 418.
2. The former Canadian Venture Exchange, now the TSX Venture Exchange, conducted a disciplinary proceeding against Global Securities Corporation and three of its representatives. The Exchange made three allegations against Global. Global admitted two of them and the disciplinary hearing panel dismissed the third. Both the Exchange and the executive director of the commission have applied under section 28 for a review of that decision. Global challenges the standing of the Exchange to make the application and seeks to limit the Exchange’s role as a party in the hearing and review.