The Ontario Securities Commission on Thursday issued a temporary order prohibiting trading in any securities by Andrew Lech for a period of 15 days.
Lech, who resides in Peterborough, Ontario, is under investigation by the OSC for his current investment activities. Based upon the evidence collected to date, the OSC alleges Lech may be conducting certain of these activities through intermediaries who collect funds on his behalf.
The order also indicates that Lech may be trading in securities without registration, advising in securities without registration, engaging in an illegal distribution of securities and making prohibited representations concerning the future value of securities.
Lech has not been registered with the OSC since 1987.
Copies of the temporary order are available on the Commission’s website at www.osc.gov.on.ca.