Simpson permanently banned from registration
Regulator alleges Simpson failed to supervise Valentine
Fourth extension for former Thomson Kernaghan chairman
Aggrieved parties seeking right to sue the IDA
Commission cites breach of previous order
Alleges former Thomson Kernahgan chair breached cease trade order
Court will consider whether IDA should be held accountable to individual investors
TK executives added as defendants
Judge cites conflict of interest and removes himself from the case
Firm unable to maintain risk adjusted capital