B.C. securities regulator quietly stays penalties of more than $35 million

The B.C. Securities Commission has stayed penalties of more than $35 million on nine cases as a result of a related B.C. Court of Appeal decision on a pump-and-dump scheme case.
It wipes the penalties off the books for now, as they will only be re-visited, according to the securities commission, if a party makes an application to do so.
The decision to stay the penalties comes as the province’s market regulator is under scrutiny for its poor penalty collection record.
The orders to vary th