Raine Maida on marriage, music and the Maritimes | SaltWireTORONTO - An Ontario court on Friday placed Canadian hedge fund Traynor Ridge Capital and the funds it manages in receivership after the sudden death of its sole director, as the provincial securities regulator probes millions of dollars of trading losses incurred by brokers.
The regulator said it was informed on Saturday that Christopher Callahan, the sole director, officer and shareholder of Traynor, was dead, leaving the firm without a director or officer in charge of the firm.
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