BCSC panel issues reciprocal orders against 3 individuals

VANCOUVER, Aug. 15, 2014 /CNW/ - A British Columbia Securities Commission panel has reciprocated enforcement orders against three individuals sanctioned by the Ontario Securities Commission. They are:

Shafi Khan

Michael Schaumer

Marvin Winick

For more information on the orders, search for the person's name at www.bcsc.bc.ca.

The Canadian Securities Administrators (CSA) maintains national databases for disciplined persons and cease trade orders. These databases include all persons in Canada disciplined for securities trading offences.

About the British Columbia Securities Commission (www.bcsc.bc.ca)

The British Columbia Securities Commission is the independent provincial government agency responsible for regulating capital markets in British Columbia through the administration of the Securities Act. Our mission is to protect and promote the public interest by fostering:

• A securities market that is fair and warrants public confidence
• A dynamic and competitive securities industry that provides investment opportunities and access to capital

SOURCE: British Columbia Securities Commission

Media Contact: Richard Gilhooley, Media Relations, 604-899-6713, [email protected]; Public inquiries: 604-899-6854 or 1-800-373-6393 (toll free), [email protected], Learn how to protect yourself and become a more informed investor at www.investright.org