A BC Securities Commission (BCSC) panel has found that a Port Moody resident failed to produce records and obstructed justice.
The BCSC served Brandon Wade Boddy with a demand to produce records in July 2023 as part of an investigation into a company for which he was a consultant and shareholder. Despite being granted four extensions, Boddy did not provide the required records to Commission staff.
The panel determined that at the time he was served, Boddy would likely have had at least one document that would have been responsive to the demand, and therefore he failed to comply with a demand by the BCSC, as required by B.C.’s Securities Act.
The panel further found that Boddy obstructed justice under the Act by failing to produce records reasonably required for an investigation.
The panel dismissed allegations that Boddy refused to attend an interview with Commission staff to give evidence under oath.
Boddy did not participate in the liability hearing. The parties have been directed to make submissions on sanctions.
