The Ontario Securities Commission has refused a request by Hollinger Inc. founder Conrad Black to have his misconduct case thrown out even before a hearing is held.
The OSC is seeking to have Mr. Black banned from working in the financial industry or serving as a director of office of a public company. The U.S. Securities and Exchange Commission imposed a similar penalty last year, but its sanctions do not apply in Canada.
Janet Mcfarland – Globe and Mail – June 16, 2014.
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