British Columbia Securities Commission

British Columbia Securities Commission

February 10, 2011 13:00 ET

BCSC Executive Director's Bulletin: Securities Regulator Issues Notice of a Hearing Seeking Orders Against Disciplined Former Registrant

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 10, 2011) - The executive director of the British Columbia Securities Commission has issued a notice of hearing seeking reciprocal orders against Dirk Christian Lohrisch based on a July 26, 2010 decision of the Investment Industry Regulatory Organization of Canada (IIROC).

In the IIROC decision, the panel found that Lohrisch, a Vancouver, B.C. resident, had contravened its dealer member rules when he:

  • submitted a registration form to IIROC that was misleading about his credentials,
  • submitted a forged a transcript to IIROC, and
  • attempted to obstruct IIROC staff's investigation into his conduct.

The IIROC panel imposed a permanent ban on Lohrisch from approval in any capacity, fined him $40,000 and ordered him to pay costs of $27,000.

The B.C. Securities Commission is the independent provincial government agency responsible for regulating trading in securities within the province. You may view the notice of hearing on our website, www.bcsc.bc.ca. If you have questions, contact Ken Gracey, media relations, 604-899-6577.

Contact Information

  • British Columbia Securities Commission
    Ken Gracey
    604-899-6577 or (Canada) 1-800-373-6393
    www.bcsc.bc.ca