Building & Development Mortgages Inc. provides further information regarding recent FSCO consent orders
TORONTO, Feb. 5, 2018 /CNW/ - In an article dated February 2, 2018, Reuters stated that, in a "special report" published in November, Reuters had revealed that the Financial Services Commission of Ontario (FSCO) had been investigating brokers raising funds for projects associated with Fortress since 2011 but had failed to take action despite repeated warnings of the risky investments that broke provincial laws.
As Ildina Galati, the former principal broker of BDMC, has previously stated, BDMC made a business decision to enter into a settlement with FSCO. The staff of BDMC look forward to working with FAAN Mortgage Administrators Inc., in administering the existing loans and assisting to bring them across the finish line.
SOURCE Building and Development Mortgages Canada Inc. (BDMC)
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TSX VENTURE COMPANIES
BULLETIN V2024-1116
C-COM SATELLITE SYSTEMS INC. ("CMI")BULLETIN TYPE: Declaration of DividendBULLETIN DATE: April 17, 2024TSX Venture Tier 1 Company
The Issuer has declared the following dividend: Dividend per Share: ...
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