Cease Trade Order Against CanGlobe Extended

first_imgThe Nova Scotia Securities Commission has extended a cease trade order, today July 20, against Canglobe International, Canglobe International Capital Inc., Canglobe Financial Group, Peter Mill and Douglas Rudolph. Mr. Mill and Mr. Rudolph appear to be holding themselves out as engaging in the business of trading in securities and advising others as to the investing in or buying or selling of securities in Nova Scotia without being registered to do so contrary to section 31(1) and 31(2) of the Securities Act. The parties named in the order appear to be engaged in the distribution or sale of securities without having filed a prospectus or preliminary prospectus, contrary to section 58(1) of the Act. A temporary order was issued against the parties on July 14. The order directs them to comply with or cease contravening Nova Scotia securities laws, and to cease trading in the securities of Canglobe International, Canglobe International Capital Inc. and Canglobe Financial Group, directly or indirectly. The Nova Scotia Securities Commission is the provincial government agency responsible for regulating trading in securities within the province. A copy of the cease trade order may be found online at http://www.gov.ns.ca/nssc/docs/CanGlobeEord200711.pdflast_img read more

Harim Peiris appointed Advisor to the Minister of Foreign Affairs

Harim Peiris was today appointed as an Advisor to the Minister of Foreign Affairs Mangala Samaraweera. Peiris revived his official letter of appointment from Foreign Minister Mangala Samaraweera. Peiris is also Sri Lanka’s Point of Contact for the Open Government Partnership (OGP).Peiris previously served as the official Presidential Spokesperson for former President Chandrika Kumaratunga, as the Chairman of Sri Lanka Rupavahini Corporation and as Director General for Relief, Rehabilitation and Reconciliation, in which capacity he oversaw the implementation of a range of multilaterally funded rehabilitation and reconstruction projects in the North and East. (Colombo Gazette)