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

Citation

Ontario Securities Commission v Rosborough, 2026 ONCMT 17

Arbitres
M. Cecilia Williams, Geoffrey D. Creighton and Dale R. Ponder
Date des motifs:
Numéro de dossier:
2026-1
Type d'audience:
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.

Allez à détails de l’instance

Préparées par le personnel du Secrétariat de la gouvernance et du Tribunal, les décisions en bref aident le public à mieux comprendre les décisions du Tribunal. Elles ne font pas partie des motifs invoqués par le Tribunal et ne sont pas utilisées dans les procédures judiciaires.