News Release

Vancouver - The Executive Director of the British Columbia Securities Commission (BCSC) has issued a notice of hearing alleging that Robert Clive Gardner obstructed justice by refusing to give information reasonably required for an investigation.

Gardner, a B.C. resident, is the subject of a BCSC investigation. Gardner has information reasonably required for an investigation.  Throughout 2017, BCSC staff communicated with Gardner and his lawyer about Gardner attending an interview to give information regarding the investigation. BCSC staff also took steps to personally serve Gardner with a summons to attend a compelled interview.

As of December 13, 2017, Gardner has failed to give BCSC staff information required to personally serve him with a summons, and failed to attend any of his scheduled interviews.

These allegations have not been proven. Counsel for the Executive Director will apply to set dates for a hearing into the allegations before a panel of commissioners on January 30, 2018 at 10 a.m.

You may view the notice of hearing on our website, www.bcsc.bc.ca, by typing Robert Clive Gardner or 2017 BCSECCOM 379 in the search box. Information about disciplinary proceedings can be found in the Enforcement section of the BCSC website.

Please visit the Canadian Securities Administrators' (CSA) Disciplined List for information relating to persons and companies disciplined by provincial securities regulators, the Investment Industry Regulatory Organization of Canada (IIROC) and the Mutual Fund Dealers Association of Canada (MFDA).

About the British Columbia Securities Commission (www.bcsc.bc.ca)

The British Columbia Securities Commission is the independent provincial government agency responsible for regulating capital markets in British Columbia through the administration of the Securities Act. Our mission is to protect and promote the public interest by fostering:

• A securities market that is fair and warrants public confidence
• A dynamic and competitive securities industry that provides investment opportunities and access to capital

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Media Contact:
Alison Walker
604-899-6713

Public inquiries:
604-899-6854 or 1-800-373-6393 (toll free)
inquiries@bcsc.bc.ca

Learn how to protect yourself and become a more informed investor at www.investright.org