B.C. company hit with $200K fine, insider trading

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The B.C. Securities Commission has fined The Tavistock Capital Corporation and its director for insider trading.

The report comes after several tumultuous news cycles dating back to the summer of 2018. The BCSC first alleged that multiple key individuals directing several different B.C.

According to the BCSC, Tavistock failed to disclose it was managing shares for the issuer, which had also hired the company for consulting work. Lawrence himself also violated the act by allowing the transaction. The BSCS released a statement Friday on the decision saying that Tavistock broke the rules and Lawrence signed off on the misconduct.

 

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