Settlement of securities-law proceedings defines alleged defaults, covered laws, settlement terms, amounts, and the relevant procedural stage. Regulation 2 supplies the definitional framework for settlement of administrative and civil proceedings arising from contraventions of securities laws. An ... Summary
Settlement of securities-law proceedings defines alleged defaults, covered laws, settlement terms, amounts, and the relevant procedural stage.
Regulation 2 supplies the definitional framework for settlement of administrative and civil proceedings arising from contraventions of securities laws. An alleged default covers any act or omission contravening securities laws that attracts a specified proceeding. Specified proceeding covers proceedings that may be commenced or are pending before the Board, and pending appeals before the Tribunal or Supreme Court, for violations of securities laws under the enumerated enforcement provisions.
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