A Vancouver woman has been accused of skirting securities investigators and faces a first-of-its-kind hearing that could lead to prohibitions and fines.
“Rafal was served with copies of the demand and the summons, but she hasn’t provided any records and didn’t appear for her scheduled interview at the BCSC’s offices,” the commission stated Friday. The allegations against Rafal have not been proven and will be assessed by an independent tribunal panel.
Now, if the breach is serious enough the commission has the power to seek a fine of up to $1 million.
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