BCSC makes reciprocal orders based on Alberta and New Brunswick decisions

    VANCOUVER, Aug. 20 /CNW/ - British Columbia Securities Commission panels
have made reciprocal orders in six decisions against eight individuals who
were sanctioned by the Alberta Securities Commission and the New Brunswick
Securities Commission.
    The following individuals are subject to orders made by BCSC panels that
are based on Alberta Securities Commission (ASC) and New Brunswick Securities
Commission (NBSC) orders made in 2008:

    -   Ronald J. Fulton, Jeannie Tracy, James H. Oagles, Robert E. Lane,
        Carol Jean Sayers, Jennifer Dawn Sayers, Ryan Kristen Sayers, and
        Robert Vincent Bartel

    BCSC commission panels may make reciprocal enforcement orders following a
streamlined process when another security regulatory authority has imposed
sanctions on a person. Commission panel reciprocal enforcement orders impose
market bans on individuals or companies, which can include one or more of the
following sanctions:

    -   cease trading in and purchasing securities and exchange contracts;
    -   a prohibition from becoming or acting as a director or officer of any
        issuer, registrant or investment fund manager;
    -   a prohibition from becoming or acting as a registrant, investment
        fund manager or promoter;
    -   a prohibition from acting as a manager or consultant in the
        securities market; and
    -   a prohibition from engaging in investor relations activities

    Under the BCSC enforcement orders:

    -   Fulton, Tracy, Oagles and Lane are subject to permanent market bans
        in B.C. The BCSC orders (BCSECCOM 463, 465, 466 and 467) are based on
        NBSC decisions rendered on March 26 and 27, 2008.

    -   Carol Sayers is subject to market bans until May 15, 2018; Jennifer
        Sayers is subject to market bans until May 15, 2015; and Ryan Sayers
        is subject to market bans until May 15, 2023. The BCSC orders
        (BCSECCOM 468) are based on an ASC decision rendered June 13, 2008 in
        Executive Marketing & Strategies Ltd., Re, 2008 ABASC 384.

    -   Bartel is subject to market bans until June 20, 2015. The BCSC orders
        (BCSECOMM 462) are based on an ASC decision rendered June 20, 2008 in
        Bartel, Re, 2008 ABASC 398.

    For more information on the BCSC orders and the ASC and NBSC decisions
use the name of the individual or document references to conduct a search at
www.bcsc.bc.ca, www.albertasecurities.com or www.nbsc-cvmnb.ca.

    The B.C. Securities Commission is the independent provincial government
agency responsible for regulating trading in securities within the province.

    Learn how to avoid investment fraud at the BCSC's investor education
website: www.investright.org.

For further information:

For further information: Ken Gracey, Media Relations, (604) 899-6577, or
(B.C. & Alberta) 1-800-373-6393

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