Aggregated News From Investment Management Regulators

IN THE MATTER OF: THE MORTGAGE BROKERS ACT OF SIGMAR MORTGAGE SERVICES LTD. And THOMAS HAROLD STANDING

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The Manitoba Securities Commission issued a Notice of Hearing and a Statement of Allegations in the above-named matter, dated March 23, 2021. In part, the Notice of Hearing is to review the suspensions of the registration of Sigmar Mortgage Services Ltd. and Thomas Harold Standing by the Commission on March 5, 2021.

On April 29, 2021, the Commission made an order lifting the suspension on Sigmar Mortgage Services Ltd. and imposing terms and conditions on the registration limiting the broker’s activities, which are now being conducted under the direction of a third-party custodian, Sun Mortgage Corporation.

The next scheduled hearing date in the above named matter is Tuesday, May 11, 2021 at 9:30 a.m.

A copy of Commission Order No. 2804 dated March 5, 2021 is available here.

A copy of the original Notice of Hearing, scheduled for April 1, 2021 is available here.

A copy of the Statement of Allegations is available here.

A copy of Commission Order No. 2808, dated April 29, 2021 is available here.

A copy of Commission Order No. 2809, dated April 29, 2021 is available here.

A copy of the Notice of Adjournment, amending the date to May 11, 2021 is available here.

Chris Besko
Secretary to the Commission

This news item was originally published by the Manitoba Securities Commission (MSC CA). For more information, please see the Source Link.

Regulator Information

Abbreviation: MSC
Jurisdiction: Canada

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