Enforcement Roundup: June 2021

The June 2021 edition of the Enforcement Roundup includes one enforcement action from the British Columbia Securities Commission (BCSC).

BCSC Enforcement

Settlement Agreements

Albert Alan Housego

The BCSC reached a settlement agreement with Housego, a former portfolio manager, for failing to properly assess if investments were suitable for his clients.

As part of the settlement, Housego has agreed to pay $150,000 to the BCSC, and is prohibited for 15 years from various securities-related activities.

Read the news release for full details.

NEWS RELEASE

Report a Concern

If you have any concerns about a person or company offering an investment opportunity, please contact BCSC Inquiries at 604-899-6854 or 1-800-373-6393 or through e-mail at [email protected]. You can also file a complaint or submit a tip anonymously using BCSC’s online complaint form.

InvestRight.org is the British Columbia Securities Commission’s investor education website. Subscribe to receive email updates from BCSC InvestRight.

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Advisor Check

The Enforcement Roundup is a monthly summary of enforcement decisions in British Columbia taken by securities regulators.

Advisor Misconduct

The Enforcement Roundup is a monthly summary of enforcement decisions in British Columbia taken by securities regulators.