TORONTO, June 19, 2014 /CNW/ - Wealth Stewards Portfolio Management Inc.
(WSPMi) and its principals, Sushila Lucas and Bruce Deck, are appealing
a decision from the Director of the Compliance and Registrant
Regulation branch of the Ontario Securities Commission (the "OSC") published on the OSC website on June 13, 2014 (the "Decision").
WSPMi and its principals strongly disagree with the Director's decision
and intend to vigorously pursue an appeal. Materials in connection with
the appeal and a stay of the Director's decision were filed on June
17th. WSPMi and its principals have been advised by counsel that it
would be inappropriate to provide further comment during the appeal
process. However, we will make every effort to communicate further on
SOURCE: Wealth Stewards Portfolio Management Inc.
For further information:
Contact Sushila Lucas, President WSPMi. 1-416-766-3266 or toll free at 1-888-361-1400