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

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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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