Disciplined List
Knight, Michael Jerome
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Date of Order or Settlement:
2015-02-23
Sanction:
- Permanent ban from purchasing and trading in securities or exchange contracts (with conditions) (2015)
- Permanent director/officer ban (2015)
- Permanent ban from becoming or acting as a promoter (2015)
- Permanent ban from acting in a management or consultative capacity in connection with activities in the securities market (2015)
- Permanent investor relations ban (2015)
- 3-year trading ban with conditions (2004)
- 3-year director/officer ban with conditions (2004)
- 3-year investor relations ban (2004)
- An undertaking to comply with the Securities Act and the Securities Rules (2004)
- An undertaking not to apply for registration for three years (2004)
Supporting Documents:
Violation:
- Fraud (2014)
- Illegal distribution (2014)
- Breach of Order (2014)
- Illegal distribution (2004)
- Unregistered trading (2004)
- Failure to fulfill the duties and responsibilities of a director (2004)
- Acting contrary to the public interest (2004)
Ruling Body:
BCSCPayment Agreed/Ordered:
$3,625,000 in disgorgement (Varied (Stayed) – January 15, 2018) plus a $300,000 administrative penalty (2015)
$11,000 plus $4,000 in costs (2004)