Disciplined List
Cramer, Michael John
-
Date of Order or Settlement:
2003-05-23 -
Banned Until:
2015-05-23
Sanction:
- 12-year trading ban with conditions (2003)
- 12-year director/officer ban with conditions (2003)
- 12-year investor relations ban (2003)
- An undertaking to comply with the Securities Act (1997)
Supporting Documents:
Violation:
- Unregistered distribution (2003)
- Failure to comply with "Suitability of Investments" rules (2003)
- Failure to comply with "Fair Dealing" rules and acting contrary to the public interest (unresolved conflicts of interest) (2003)
- Prohibited representations (2003)
- Misrepresentations (2003)
- Failure to provide appropriated disclosure (1997)
Ruling Body:
BCSCPayment Agreed/Ordered:
$22,000 plus $15,000 in costs, and the proceeds of the sale of any securities in the involved companies up to $112,000 (2003)
$750 (1997)