Decisions
Genius Funds, also known as Genius Investments [Order]
BCSECCOM #:
2010 BCSECCOM 176
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Document Type:
Order
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Published Date:
2010-04-09
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Effective Date:
2010-04-07
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Details:
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2010 BCSECCOM 176
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2010 BCSECCOM 176
Genius Funds,
also known as Genius Investments
Section 161 of the Securities Act, RSBC 1996, c. 418
Order
¶ 1 At a hearing on April 7, 2010, the executive director applied for orders against Genius Funds, also known as Genius Investments, under section 161(1) of the Securities Act, RSBC 1996, c. 418.
¶ 2 Considering it to be in the public interest, we order:
1. under section 161(1)(b) of the Act, that Genius cease trading permanently, and is permanently prohibited from purchasing, securities; and
2. under section 161(1)(d)(v), that Genius is permanently prohibited from engaging in investor relations activities.
¶ 3 April 7, 2010
¶ 4 For the Commission
Brent W. Aitken
Commissioner
Don Rowlatt
Commissioner
David J. Smith
Commissioner