Settlements

Jerome John Rak [Order]

BCSECCOM #:
2011 BCSECCOM 555
Document Type:
Order
Published Date:
2011-12-15
Effective Date:
2011-12-08
Details:

2011 BCSECCOM 555

Click on the Adobe icon to launch the Acrobat Reader

2011 BCSECCOM 555




Order

Jerome John Rak

Securities Act, RSBC 1996, c. 418 (the Act)

      Background
¶ 1 The Executive Director of the British Columbia Securities Commission has entered into a settlement agreement with Jerome John Rak (Rak), a copy of which is attached as Schedule A.

      Order
¶ 2 The Executive Director, considering it to be in the public interest to do so, orders (the Order) that:

      1. under section 161(1)(b) of the Act, Rak is prohibited from purchasing or trading securities or exchange contracts of any reporting issuer with whom he is in a special relationship for ten years; and

      2. under section 161(1)(d)(ii) of the Act, Rak is prohibited from acting as a director or officer of any reporting issuer for five years.

¶ 3 December 8, 2011

Paul Bourque

¶ 4 Paul C. Bourque, Q.C.
Executive Director

 

©2024 British Columbia Securities Commission