Decision in brief: Ontario Securities Commission v Rosborough, Enforcement Proceeding, Settlement, April 1, 2026

Citation

Ontario Securities Commission v Rosborough, 2026 ONCMT 17

Adjudicators
M. Cecilia Williams, Geoffrey D. Creighton and Dale R. Ponder
Date of Reasons:
File Number:
2026-1
Hearing Type:
Settlement
Parties:
Ontario Securities Commission v Rosborough

In this enforcement case, the OSC alleged that Rosborough did not comply with the Tribunal’s earlier order that he not be a director or officer of any company for eight years. The OSC says that despite that order, Rosborough continued to be a director and officer of two companies.

Rosborough and the OSC agreed to settle the case. They agreed that Rosborough should be banned from being a director and officer of any company for an additional four years and that he must pay an administrative penalty of $6,000.

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

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