A Delta resident owing more than US$13.4 million to U.S. authorities for committing stock fraud is facing a hearing in Vancouver to ban him from this province’s capital markets.
B.C. Securities Commission (BCSC) director of enforcement Doug Muir applied Feb. 5 to an independent commission hearing panel to ban Jackson T. Friesen from trading in or purchasing any securities or derivatives, as well as from becoming or acting as a director, officer, promoter or consultant of any issuer or registrant in B.C.
Friesen has until April 30 to respond to Muir’s application. His lawyer Owais Ahmed of Vancouver firm McCarthy Tétrault did not respond to Business in Vancouver for
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