BCSC

Decisions

Klaus Link [Reciprocal Order]

BCSECCOM #: 2009 BCSECCOM 389	Document Type: Reciprocal Order
Published Date: 2009-07-14	Effective Date: 2009-07-07
Details:

2009 BCSECCOM 389

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2009 BCSECCOM 389

Reciprocal Order

Klaus Link

Section 161(1) of the Securities Act, RSBC 1996, c. 418

Introduction

¶ 1 This is an order under section 161(1) and 161(6)(c) of the Securities Act, RSBC 1996, c. 418.

Background

¶ 2 Klaus Link is subject to an order made by the Saskatchewan Financial Services Commission imposing sanctions on him in an order rendered April 21, 2009 in Re Tri-Link Consultants Inc. and Klaus Link.

Order

¶ 3 After providing Link an opportunity to be heard, and considering staff’s submissions, and considering it to be in the public interest, we order:

1. under section 161(1)(b) of the Act, that Link cease trading in, and is permanently prohibited from purchasing, securities and exchange contracts,

2. under section 161(1)(c) of the Act, that the exemptions described in sections 44 to 47, 74, 75, 98 and 99 do not apply to Link,

3. under section 161(1)(d)(i) and (ii) of the Act, that Link resign any position he holds as, and is permanently prohibited from becoming or acting as, a director or officer of any issuer, registrant or investment fund manager,

4. under section 161(1)(d)(iii) of the Act, that Link is permanently prohibited from becoming or acting as a registrant, investment fund manager or promoter,

5. under section 161(1)(d)(iv) of the Act, that Link is permanently prohibited from acting in a management or consultative capacity in connection with activities in the securities market, and

6. under section 161(1(d)(v) of the Act, that Link is permanently prohibited from engaging in investor relations activities.

¶ 4 July 7, 2009

¶ 5 For the Commission

Brent W. Aitken

Vice Chair

Kenneth G. Hanna

Commissioner