Decision in brief: Ontario Securities Commission v Candusso, Enforcement Proceeding, Settlement, March 30, 2026

Citation

Ontario Securities Commission v Candusso, 2026 ONCMT 16

Adjudicators
M. Cecilia Williams, Geoffrey D. Creighton and Dale Ponder
Date of Reasons:
File Number:
2026-5
Hearing Type:
Settlement
Parties:
Ontario Securities Commission v Christopher Candusso

In this enforcement case, the OSC alleged that Candusso did not comply with the Tribunal’s earlier order that he not be a director or officer of any company for three years. The OSC says that despite that order, Candusso continued to be a director and officer of one company and became a director and officer of an additional company.

Candusso and the OSC agreed to settle the case. They agreed that Candusso should be banned from being a director and officer of any company for an additional three years and that he must pay an administrative penalty of $7,000.

In this hearing, the Tribunal decided that the proposed settlement was reasonable and in the public interest and approved the settlement agreement.

Go to Proceeding Details

Decisions in brief are prepared by Governance & Tribunal Secretariat staff to help the public better understand Tribunal decisions. They do not form part of the Tribunal’s reasons and are not for use in legal proceedings.