ASC fines, bans pair behind $20-million forex scheme

2026-07-09 19:00 ET - Street Wire

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“According to the ASC, Mr. Watters received a caution from the B.C. Securities Commission on July 11, 2022, which advised him about the registration requirements and suggested that he contact a lawyer. He received this caution well before losing the majority of the money, the ASC found.”

“In imposing the penalties, the ASC noted that Mr. Watters expressed "genuine regret and remorse" and that he recognized he could have done more to address the concerns of the ASC and the BCSC. The ASC also acknowledged that the likelihood of collecting money from Mr. Hunter is remote”

“"We work so you don't have to." They should have copyrighted that and licensed it to the BCSC and the ASC.

https://www.publicsectorcompensation.gov.bc.ca/executive-compensation-disclosures/2024-2025/122308/BC-Securities-Commission-ECD-2025pdf

Summary Compensation Table at 2025 BC Securities Commission 2024/2025 Total Compensation Brenda Leong, Chair and CEO…$ 609,851 Peter J Brady, Executive Director…$ 459,182 John Hinze, Director, Corporate Finance…$ 387,763 Gordon Johnson, Vice Chair…$ 461,324 Douglas B Muir, Director, Enforcement…$ 368,756