Waxman hooks fine, ban in PSC case settlement
Dec 26, 2007 | 01:20 PM
| Michael Marley
Robert Waxman, a key figure in a copper trading scandal at Philip Services Corp. (PSC) almost 10 years ago, has been banned from serving as an officer or director of a public company in Canada for 20 years and from trading in securities for 10 years.
In a settlement approved Friday by the Ontario Securities Commission (OSC), Waxman also agreed to pay Canadian $125,000 ($127,444) for the commission's costs to investigate the allegations of securities fraud by him and several other officers of the company.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.