News Release

Vancouver – A B.C. resident and his company have jointly paid $120,000 to the BC Securities Commission (BCSC) for referring investors to purchase shares of companies without being registered.

Anish Sunderji, of Vancouver, was the sole director, officer and shareholder of First Globe Capital International Inc., which provided various services to its B.C. and Ontario-based issuer clients, such as conducting or arranging outreach, meetings and presentations to new and existing investors.

Between 2019 and 2020, First Globe received $211,384 in finder’s fees for referring investors to six listed companies. The investors bought a total of $4,657,794 worth of shares in the companies through private placements.

In a settlement agreement, First Globe admitted that it was engaged in the business of trading in securities without being registered as required by B.C.’s Securities Act. Sunderji also admitted that he authorized or permitted First Globe’s misconduct and therefore also violated the Act.

Neither Sunderji nor First Globe has a history of securities misconduct and the BCSC did not find any evidence that the investors lost money on their investments.

About the BC Securities Commission (bcsc.bc.ca)

The BC Securities Commission, an independent provincial government agency, strives to make the investment market benefit the public. We set rules, monitor compliance by industry, take action against misconduct, and provide guidance to investors and industry.

As guardians of B.C.’s investment market, we’re committed to maintaining a market that is honest, fair, competitive and dynamic, enabling British Columbians to thrive.  

Media Contact:
Elise Palmer
604-899-6830

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