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by Mike Caswell

A California judge has ordered Vancouver-linked securities lawyer Andrew Coldicutt to turn over a log that the U.S. Securities and Exchange Commission has been seeking as part of an investigation into a group of initial public offerings. The judge has determined that the most sensitive part of the log, which would name Mr. Coldicutt's clients, is not confidential. The mere act of identifying them does not violate any ethical rules, the order states.

The order comes as part of a case in which the SEC claims that Mr. Coldicutt is not co-operating with an investigation. The regulator is looking into the IPOs of five companies. Those companies are run by an undisclosed control person or promoter, the SEC says. As part of the investigation, the regulator issued subpoenas for Mr. Coldicutt's records, but according to the SEC he refused to co-operate.

The matter came before California Judge Christina Snyder, who decided the case without a hearing. In an order handed down on June 8, 2017, she has ordered Mr. Coldicutt to produce the document the SEC sought, which is called a privilege log. Mr. Coldicutt has 14 days to comply with the order.

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