OSC orders four Internet firms shut down

Article Abstract:

The Ontario Securities Commission ordered four Canadian Internet services to shut down due to fraudulence. The four services were First Federal Capital Corp., Global Privacy Management Trust, www.cashgalore.com, and an individual named Warren English. All four are alleged securities violators.

United States, Investment advice, Investment Advisory Services, Savings & Loan Assns, Savings Institutions, Financial services industry, Financial services, Fraud, Investment advisers, Savings and loan associations, English, Warren, First Federal Capital Corp., Global Privacy Management Trust, cashgalore.com, FTFC

---

Pension, mutual fund results questioned

Article Abstract:

The Ontario Securities Commission are investigating Montreal, Que.-based Royal Bank of Canada's RT Capital Management Inc. The stock price manipulation scandal, which includes Strategic Value Corp., has undermined investor confidence in Canada's pension fund industry.

Securities and Commodity Exchanges, Security and commodity exchanges, Securities Exchanges, Pension, health, and welfare funds, Pension Funds & Benefit Plans, Pension Funds, Exchanges, Securities industry, Toronto Stock Exchange, Strategic Value Corp.

---

Royal unit struggles for settlement

Article Abstract:

The Royal Bank of Canada continues to try to negotiate a settlement with the Ontario Securities Commission over RT Capital Management's stock price manipulation scandal. Air Canada, one of the bank's largest clients, announced it may pull out.

Strategy & planning, Scheduled Airlines, Scheduled Air Transportation, Air Transportation, Scheduled, And Air Courier Services, Planning, Airlines, Air Canada

Similar abstracts:

• Abstracts: Calling via Internet has suddenly arrived. Companies rush to bring you NET for free. The power of choice
• Abstracts: Kim reapers. Brereton is showing Labor the way. The odd couple
• Abstracts: Free ride is ending for millions of Internet users. Sprint executives get retention packages
• Abstracts: Solomons showdown. Battle cats. Market forces
• Abstracts: Condi's clout offensive. Heart of darkness

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.