DISCIPLINED PERSONS LIST

Name Claxton, Arthur Edgar
Date of Order or Settlement November 4, 1996
Banned Until June 4, 2000
Sanction

1-year trading ban (restricted to mutual funds with conditions)

4-year director/officer ban

An undertaking to meet with the management of Planvest on a minimum of once a week to ensure that sales of mutual funds comply reasonably with the "Know Your Client" Rule and to provide the Executive Director with reasonable evidence of such meetings and the contents thereof upon request

Payment Agreed / Ordered $20,000 plus $10,000 in costs 
Violation

Unregistered advising

Illegal distribution

Misrepresentations 

Ruling Body BCSC
Supporting Documents Settlement/Order New window
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This information is presented as a plain language summary of information found in publicly available documents. The supporting documents should be reviewed for the full conditions and context of all Commission decisions, orders and sanctions.
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