Decisions
Robert Michael Smylski [Reciprocal Order]
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BCSECCOM #:
2011 BCSECCOM 36
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Document Type:
Reciprocal Order
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Published Date:
2011-01-24
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Effective Date:
2011-01-20
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Details:
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2011 BCSECCOM 36
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2011 BCSECCOM 36
Reciprocal Order
Robert Michael Smylski
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 Robert Michael Smylski is subject to an order made by the Alberta Securities Commission imposing sanctions on him in a decision rendered September 27, 2010 in Smylski, Re, 2010 ABASC 449.
Order
¶ 3 After providing Smylski 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 Smylski cease trading in, and is prohibited from purchasing, securities and exchange contracts permanently,
- 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 Smylski permanently,
- 3. under section 161(1)(d)(iii) of the Act, that Smylski is prohibited from becoming or acting as a registrant permanently; and
- 4. under section 161(1)(d)(iv) of the Act, that Smylski is permanently prohibited, from acting in a management or consultative capacity in connection with activities in the securities market.
¶ 4 January 20, 2011
¶ 5 For the Commission
| Brent W. Aitken Vice Chair |
| Don Rowlatt Commissioner |