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Enforcement

Disciplined List

Ruge, Michael Ernst

  • Date of Order or Settlement:

    2005-05-06

  • Banned Until:

    2030-05-06

Sanction:

  • 25-year trading ban with conditions
  • 25-year director/officer ban with conditions
  • 25-year investor relations ban
  • An order to comply fully with the Securities Act, Securities Rules and any applicable regulations, policies and guidelines

Supporting Documents:

Violation:

  • Fraud
  • Misrepresentations
  • Illegal distribution
  • Unregistered trading

Ruling Body:

BCSC

Payment Agreed/Ordered:

$150,000