OSC alleges Toronto-based Bridging Finance 'mismanaged' funds, breached 'numerous' laws

According to documents filed in court, enforcement staff of the Ontario Securities Commission “has uncovered evidence that BFI and certain members of its senior management team … appropriated amounts from the BFI Funds for personal gain … mismanaged the BFI Funds, including by failing to disclose material conflicts of interest … breached numerous securities laws and regulations, including by misleading Enforcement Staff.

She founded Bridging Finance, serves as executive chairman and is a minority shareholder. She was previously CEO and chief investment officer, according to the OSC.

Send them (policers) onto a cruise 🚢 China Sea travellers need to explore a bit more on dead corals and its formation of new “lands” ... freaking 5G climate crisis, hey 😉

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Bridging Finance took emergency cash infusion in 2020, did not tell investors upfrontBridging Finance kept investors in the dark about an emergency cash infusion and was given legal advice that the transaction did not require their consent Why wasn’t the regulator informed? If informed, why didn’t it require disclosure?
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