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

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المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

According to documents filed in court, the OSC \u0027uncovered evidence that BFI and certain members of its senior management team … appropriated amounts from the…

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.

 

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

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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