OSC reciprocates registration suspension by ASC in matter of Walton Capital Management Inc.
28 Apr, 2017, 19:23 ET
TORONTO, April 28, 2017 /CNW/ - The Alberta Securities Commission today suspended the registration of Walton Capital Management Inc. (WCMI) after a meeting with WCMI management, pending the surrender of the registration of the firm. WCMI consented to the suspension.
While the suspension remains in place, WCMI is prohibited from providing advice and selling securities to investors. The ASC will be following up with WCMI concerning their regulatory obligations.
Investors should be aware of the suspension and prohibition of WCMI to advise or sell securities to investors, which applies across Canada.
The mandate of the OSC is to provide protection to investors from unfair, improper or fraudulent practices and to foster fair and efficient capital markets and confidence in the capital markets. Investors are urged to check the registration of any persons or company offering an investment opportunity and to review the OSC investor materials available at http://www.osc.gov.on.ca
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SOURCE Ontario Securities Commission
For further information: For Media Inquiries: [email protected]; For Investor Inquiries: OSC Contact Centre, 416-593-8314, 1-877-785-1555 (Toll Free)
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