Decisions

Fadi Hurani [Reciprocal Order]

BCSECCOM #:
2009 BCSECCOM 377
Document Type:
Reciprocal Order
Published Date:
2009-07-14
Effective Date:
2009-07-07
Details:

2009 BCSECCOM 377

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2009 BCSECCOM 377



Reciprocal Order

Fadi Hurani

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

      Introduction
¶ 1 This is an order under section 161(1) and 161(6)(d) of the Securities Act, RSBC 1996, c. 418.
      Background
¶ 2 Fadi Hurani has agreed with the Alberta Securities Commission to be subject to sanctions in a settlement agreement dated January 23, 2009 in Hurani, Re, 2009 ABASC 29.
      Order
¶ 3 After providing Hurani an opportunity to be heard, and considering staff’s submissions, and considering it to be in the public interest, we order under section 161(1)(b) of the Act, that Hurani cease trading in, and is prohibited from purchasing, securities and exchange contracts until January 23, 2016, except that Hurani may trade and purchase securities through accounts in his name at a registered dealer.

¶ 4 July 7, 2009

¶ 5 For the Commission




      Brent W. Aitken Kenneth G. Hanna
      Vice Chair Commissioner

 

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