VANCOUVER, June 18 /CNW/ - The British Columbia Securities Commission has
reached a settlement with an Alberta mutual fund dealer that admitted to
trading securities in British Columbia without registration.
D.W. Good Investment Company Ltd. paid $3,500 to the BCSC for conducting
securities transactions in B.C. without proper registration.
Between Jan. 1, 2006 and Jan. 24, 2007, D.W. Good traded securities for
at least 24 B.C. residents, conducting a total of 13 purchases and eight
redemptions in these investors' accounts. The transactions occurred during a
period when D.W. Good was not registered to trade mutual funds in British
D.W. Good is, and throughout the period in question was, registered as a
mutual fund dealer in Alberta. The company surrendered its B.C. registration
on Dec. 31, 2005 and re-registered on Jan. 25, 2007.
The B.C. Securities Commission is the independent provincial government
agency responsible for regulating trading in securities within the province.
You may view the settlement on our website www.bcsc.bc.ca by typing in the
search box, D.W. Good Investment Company Limited or 2007 BCSECCOM 332. If you
have questions, contact Ken Gracey, Media Relations, 604-899-6577.
For further information:
For further information: Ken Gracey, (604) 899-6577 or (B.C. & Alberta)