Decisions
John R. Miszuk [Reciprocal Order]
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BCSECCOM #:
2009 BCSECCOM 476
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Document Type:
Reciprocal Order
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Published Date:
2009-08-31
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Effective Date:
2009-08-28
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Details:
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2009 BCSECCOM 476
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2009 BCSECCOM 476
Reciprocal Order
John R. Miszuk
Section 161(1) of the Securities Act, RSBC 1996, c. 418
John R. Miszuk
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 John R. Miszuk has agreed with the Ontario Securities Commission to be subject to sanctions in a settlement agreement dated January 27, 2009 In the matter of Biovail Corporation, Eugene N. Melnyk, Brian H. Crombie, John R. Miszuk and Kenneth G. Howling.
Order
¶ 3 After providing Miszuk an opportunity to be heard, and considering staff’s and Miszuk’s submissions, and relying on Miszuk’s submission that “there is no evidence of any current or prospective activity by Miszuk in the British Columbia capital markets”, and considering it to be in the public interest, we order under section 161(1)(d)(ii) of the Act, that Miszuk is prohibited until January 27, 2012, from becoming or acting as a director or officer of any reporting issuer.
¶ 4 August 28, 2009
¶ 5 For the Commission
- Brent W. Aitken
Acting Chair
David J. Smith
Commissioner