Decisions
Forbes John McLeod, Larry Kenneth McLeod and Delmer Allen Watt [Reciprocal Order]
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BCSECCOM #:
2008 BCSECCOM 343
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Document Type:
Reciprocal Order
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Published Date:
2008-06-20
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Effective Date:
2008-06-16
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Details:
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2008 BCSECCOM 343
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2008 BCSECCOM 343
Order
Forbes John McLeod, Larry Kenneth McLeod and Delmer Allen Watt
Sections 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 Forbes John McLeod, Larry Kenneth McLeod and Delmer Allen Wattare subject to orders made by the Alberta Securities Commission imposing sanctions on them in a decision rendered November 5, 2007 in Topsis Investments Canada Inc., Re, 2007 ABASC 811.
¶ 3 After providing Forbes John McLeod an opportunity to be heard, and considering the public interest, we order:
- 1. under section 161(1)(b) of the Act, that Forbes John McLeod cease trading in, and is prohibited from purchasing, securities and exchange contracts permanently,
2. under section 161(1)(d)(i) and (ii), that Forbes John McLeod resign any position Forbes John McLeod holds as, and is prohibited from becoming or acting as, a director or officer of any issuer, registrant or investment fund manager until November 5, 2032,
3. under section 161(1)(d)(iii), that Forbes John McLeod is prohibited from becoming or acting as a registrant, investment fund manager or promoter until November 5, 2032,
4. under section 161(1)(d)(iv), that Forbes John McLeod is prohibited from acting in a management or consultative capacity in connection with activities in the securities market until November 5, 2032, and
5. under section 161(1)(d)(v), that Forbes John McLeod is prohibited from engaging in investor relations activities November 5, 2032.
- 1. under section 161(1)(b) of the Act, that Larry Kenneth McLeod cease trading in, and is prohibited from purchasing, securities and exchange contracts permanently,
2. under section 161(1)(d)(i) and (ii), that Larry Kenneth McLeod resign any position Larry Kenneth McLeod holds as, and is prohibited from becoming or acting as, a director or officer of any issuer, registrant or investment fund manager until November 5, 2032,
3. under section 161(1)(d)(iii), that Larry Kenneth McLeod is prohibited from becoming or acting as a registrant, investment fund manager or promoter until November 5, 2032,
4. under section 161(1)(d)(iv), that Larry Kenneth McLeod is prohibited from acting in a management or consultative capacity in connection with activities in the securities market until November 5, 2032, and
5. under section 161(1)(d)(v), that Larry Kenneth McLeod is prohibited from engaging in investor relations activities November 5, 2032.
¶ 6 June 16, 2008
¶ 7 For the Commission
- Brent W. Aitken
Vice Chair
Bradley Doney
Commissioner