Decisions
Barry Adams [Reciprocal Order]
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BCSECCOM #:
2010 BCSECCOM 62
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Document Type:
Reciprocal Order
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Published Date:
2010-02-03
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Effective Date:
2010-01-25
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Details:
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2010 BCSECCOM 62
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2010 BCSECCOM 62
Reciprocal Order
Barry Adams
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
Barry Adams has agreed with the New Brunswick Securities Commission to be subject to sanctions in a settlement agreement dated March 10, 2009 In the matterof Barry Adams.
Order
¶ 2 After providing Adams 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 Adams cease trading in, and is prohibited from purchasing, securities and exchange contracts until April 20, 2019, except that Adams may trade and purchase securities through accounts in his name at a registered dealer, 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 Adams until April 20, 2019, except for those exemptions necessary to enable Adams to trade and purchase securities as permitted in this order.
¶ 3 January 25, 2010
¶ 4 For the Commission
| Brent W. Aitken Vice Chair | Suzanne K. Wiltshire Commissioner |