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Craigslist Poster Banned By BC Securities Commission
On October 3, 2012, the British Columbia Securities Commission found that Paul Stiles' craigslist postings for investments with Velocity Entertainment Inc. ("Velocity") were contrary to section 50(1)(d) of the BC Securities Act, which prohibits a person intending to effect a trade in a security from making a statement that the person knows or ought to know is a misrepresentation.
DLA Piper
