Enforcement

Disciplined List

Lay, George

Date of Order or Settlement:

2019-10-25
Banned Until:

2022-10-25

Sanction:

3-year ban from purchasing and trading in securities (with conditions)
3-year ban from relying on any exemptions set out in the Securities Act, in the regulations or a decision
3-year director/officer ban
3-year ban from becoming or acting as a registrant or promoter
3-year ban from acting in a management or consultative capacity in connection with activities in the securities market
3-year investor relations ban
An undertaking to complete a course of study on the duties and responsibilities of corporate officers and directors that is acceptable to the Executive Director

Supporting Documents:

Violation:

Illegal distribution

Ruling Body:

BCSC

Payment Agreed/Ordered:

$30,000