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 this matter.
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