2:04 am - Sunday, September 24 2017
Home / News / N.S. SECURITIES COMMISSION–-Cease Trade Order Against Former Mutual Fund Salesperson

N.S. SECURITIES COMMISSION–-Cease Trade Order Against Former Mutual Fund Salesperson


The Nova Scotia Securities Commission has issued a temporary cease trade order against Vincent Byrne.

Mr. Byrne is a former mutual fund salesperson, having worked in the industry for many years. In 2013, he left the industry and terminated his registration with the commission. Mr. Byrne violated Nova Scotia securities laws by providing investment advice to and conducting securities trades on behalf of clients, even though he was no longer registered with the commission.

The commission has ordered Mr. Byrne to cease contravening Nova Scotia securities laws, and to cease trading, except on his own behalf, for a period of 15 days or until otherwise ordered by the commission.

The commission urges Nova Scotians to exercise extreme caution when dealing with firms or individuals that are not registered. It is illegal to solicit investments in the province without registering with the commission and complying with Nova Scotia securities laws. To see if a company or person is registered you can check at www.aretheyregistered.ca/.

To view the order nssc.novascotia.ca.

The Nova Scotia Securities Commission is the provincial government agency responsible for regulating the investment industry in the province.

Source: Release

About Haligonia Editors

See news happening near you? Tell us. Click here to email our team.

 

The views and opinions expressed in this content are those of the author and do not necessarily reflect those of haligonia.ca.

You might also like...

Offender Assaulted at the Central Nova Scotia Correctional Facility

An offender was assaulted by three other offenders at the Central Nova Scotia Correctional Facility in Dartmouth at 5:40 p.m. on Thursday, Sept. 21.The injured offender was treated by on-site medical staff and taken to hospital. He has since been...

Leave a Reply

Your email address will not be published. Required fields are marked *