Province must no longer be a breeding ground for shell companies used for stock scams south of the border, Doug Hyndman says
Despite discouraging words from the Canada Revenue Agency, charitable donation tax shelter schemes are brazenly operating in Canada. In Vancouver, at least a half-dozen schemes are being actively marketed, mainly by word of mouth. These deals are advertised as great humanitarian projects — “win/win” situations for both donors and beneficiaries; however, they are really something-for-nothing […]
Lang Evans, the BCSC’s new director of enforcement, likes working “on the side of angels”
B.C. Securities Commission invokes the province’s Civil Forfeiture Act to secure $500,000 for 80 B.C. investors
Despite promises of the financial gains of investing in a cranberry farm, investors are still waiting for returns a decade later
Three years ago this past December, the Royal Canadian Mounted Police hosted the official opening of its Vancouver integrated market enforcement team, the stock market SWAT team that was going to remedy the dearth of criminal prosecutions against stock market miscreants.It would be wonderful to be able to report that this program has been a […]
Under the noses of B.C. regulators, Vancouver promoters mass-produce shell companies for dubious U.S. stock promotions
Inability to win two very long and expensive cases have critics loudly questioning the commission’s abilities
For $6,500, Market Matters will interview any crooked director or officer
The chartered accoun-tants Institute of British Columbia is concerned that its members may not be conducting adequate due diligence into corporate clients that trade on the loosely regulated OTC Bulletin Board in the U.S. Chris Utley, the institute’s director of ethics, says his organization, which represents 9,200 chartered accountants in the province, will issue an […]