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FRAUD AND MISREPRESENTATION AND BANKRUPTCY: SUPREME COURT OF CANADA'S REVOLUTIONARY RULING ON ADMINISTRATIVE FINES AND BANKRUPTCY
Ira Smith Trustee & Receiver Inc.
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I discuss the decision of the Supreme Court of Canada in this case. The Poonian case stems from stock market manipulation, fraud and misrepresentation. It highlights the intersection of fraud, bankruptcy law, and investor protection. Its impact stresses the need for reform to ensure accountability for dishonest practices while fostering trust in financial markets. The ruling may serve as a crucial step towards a more ethical financial landscape.
#DisgorgementOrders, #PoonianCase, #AdministrativePenalties, #SupremeCourt, #BankruptcyAndInsolvencyAct #FraudandMisrepresentation #SupremeCourtofCanada #fraudulentmisrepresentation
📖 Read the full blog post here:
https://irasmithinc.com/blog/fraud-and-misrepresentation/