Decisions
William Bint [Reciprocal Order]
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BCSECCOM #:
2010 BCSECCOM 270
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Document Type:
Reciprocal Order
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Published Date:
2010-05-18
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Effective Date:
2010-05-14
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Details:
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2010 BCSECCOM 270
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2010 BCSECCOM 270
Reciprocal Order
William Bint
Section 161(1) of the Securities Act, RSBC 1996, c. 418
William Bint
Section 161(1) of the Securities Act, RSBC 1996, c. 418
Introduction
¶ 1 This is an order under sections 161(1) and 161(6)(d) of the Securities Act,RSBC 1996, c.418.
Background
¶ 2 William Bint has agreed with the Alberta Securities Commission to be subject to sanctions in a settlement agreement approved by the ASC on December 23, 2009 in Bint, Re, 2009 ABASC 637.
Order
¶ 3 After providing Bint an opportunity to be heard, and considering staff’s and Bint’s submissions, and considering it to be in the public interest, we order:
1. under section 161(1)(b) of the Act, that Bint cease trading in, and is prohibited from purchasing, securities and exchange contracts until December 23, 2012, except that Bint may trade and purchase securities in accordance with the terms of the ASC settlement agreement, and
2. under section 161(1)(c) of the Act, that any or all of the exemptions set out in the regulations do not apply to Bint until December 23, 2012.
¶ 4 May 14, 2010
¶ 5 For the Commission
Brent W. Aitken
Vice Chair
Suzanne K. Wiltshire
Commissioner