Order

Gagan Deep Bachra

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 Gagan Deep Bachra (Bachra), 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)(d)(i), Bachra resign any position he holds as a director or officer of an issuer or registrant;
   
   2.  Bachra is prohibited for the latter of two years or until he has fulfilled his undertakings in paragraph 12 of the settlement agreement attached as Schedule A:
   
   a)  under section 161(1)(b)(ii), from trading in any securities or exchange contracts, except that he may trade securities through a registrant in one RRSP account and one TFSA account held in his own name, if he first provides a copy of the Order to the registrant;
   
   b)  under section 161(1)(c), from being eligible for any or all of the exemptions set out in the Act, the regulations or a decision;
   
   c)  under section 161(1)(d)(ii), from becoming or acting as a director or officer of any issuer or registrant;
   
   d)  under section 161(1)(d)(iii), from becoming or acting as a registrant or promoter;
   
   e)  under section 161(1)(d)(iv), from acting in a management or consultative capacity in connection with activities in the securities market; and
   
   f)  under section 161(1)(d)(v), from engaging in investor relations activities.
   
   
   
3. October 18 , 2019
   
   
   Peter J. Brady
   
   
4. Peter J. Brady
   Executive Director