Wednesday, July 28, 2021

BCSC asset freezes against BridgeMark scammers fine

A judge has upheld the constitutionality of asset freeze orders that the B.C. Securities Commission imposed against the Bridgemark group, which the regulator is pursuing over improper share issuances. Members of the group had complained that BCSC asset freezes infringe on their expectation of privacy. The judge, however, has determined that there is no such expectation with the asset freezes. The finding comes as part of a case that the BCSC has been pursuing against Anthony Jackson and others since November, 2018.