BC Securities Enforcement Roundup – December 2014

In December, the BC Securities Commission (BCSC) issued two notices of hearing and one review of an Investment Industry Regulatory Organization of Canada (IIROC) panel decision. Neither the Mutual Fund Dealers Association of Canada (MFDA) nor IIROC issued any decisions or settlements relating to BC residents.

You can find a summary of some of the recent matters below:

IIROC Hearing and Review Decision – Marco Myatovic and Doreen Lowe

A BCSC panel upheld the findings and sanctions decisions an IIROC panel made against Myatovic and Lowe.

In July 2012, the IIROC panel found that Lowe and Myatovic each failed in the role of gatekeeper by facilitating manipulative or suspicious trading activity. In March 2013, the IIROC panel permanently banned Myatovic from registration with IIROC and fined him $500,000. In the same decision, the panel suspended Lowe from registration with IIROC for three years, imposed a two-year period of strict supervision on re-registration, and imposed a fine of $100,000.

Access to more cases:

BCSC

Notice of Hearing – Ayaz Dhanani

Notice of Hearing – Mark Aaron McLeary

Suggested Reading

Enforcement Roundup - February 2019

Enforcement Roundup – November 2018

Enforcement Roundup – July/August 2016

More Resources

BCSC Enforcement Roundup – January 2015

Every month we release an Enforcement Roundup blog that highlights all of the notable securities law decisions relating to BC residents in the previous month. We cover our completed regulatory cases and report on other self-regulatory organization’s decisions when pertinent. From time-to-time, we will also cover criminal cases related to our decisions or investigations. Our […]

BC Securities Enforcement Roundup – February 2015

Every month we release an Enforcement Roundup blog that highlights all of the notable securities law decisions relating to BC residents in the previous month. We cover our completed regulatory cases and report on other self-regulatory organization’s decisions when pertinent. From time-to-time, we will also cover criminal cases related to our decisions or investigations. Our […]