The B.C. Securities Commission has reversed the Executive Director’s decision refusing to renew a Vancouver-based investment advisor’s registration to trade securities.

On Aug. 1, 2002, Brian Bocking, an investment advisor with Golden Capital Securities Ltd and 36-year-veteran of the securities industry, failed to disclose in a registration application and to BCSC staff that he had five drinking and driving-related criminal convictions between 1978 and 1999.

In making its decision, the commission panel noted, “While we find that Bocking’s dishonesty undermines public confidence in the regulatory system and is conduct that is prejudicial to the public interest, we also find that refusing to renew Bocking’s registration is not the appropriate regulatory response to his misconduct.”