I've just been exploring the OSC. Read a 2004 article that they cut their investigations down from 15 months to 11 months average. SLJB had better step up to defend themselves if they want this over or we could be looking at a longer haul since the OSC usually takes up to a year - and it doesn't look like they're too efficient or just in their handling of matters.
A 2006/7 REPORT:
The Cory/Pilkington study is arguably the finest and most comprehensive research on securities-law enforcement. It found that many high profile cases in Canada have not been prosecuted, insider trading is undeterred, some prosecutions are unfair, regulators delay in acting to prevent investor losses, investigations are not managed effectively, and securities commissions as both regulator and adjudicator have the appearance of bias. The study goes on to say that police, prosecutorial services and courts lack sufficient specialized knowledge of capital markets, there are delays in court adjudication, and penalties are inadequate and inappropriate. Shareholders are unhappy about being unable to obtain compensation for losses caused by wrongdoing.
SLJB IS ON BASE AND THEY BETTER GET A HIT, IMO AND STRAIGHTEN THEM OUT. LEFT TO THEIR OWN DEVICES WHO KNOWS WHAT THE OSC WILL COME UP WITH SINCE THEY APPEAR BARELY QUALIFIED TO DO WHAT THEY DO. I HOPE THAT DOESN'T SCARE ANYONE OFF - I JUST FELT THAT MOST INVESTORS WANT AND DESERVE THE WHOLE TRUTH. COME ON SULJA- BOTTOM OF THE 9TH, BASES LOADED, 2 OUTS AND THE SCORE IS TIED. A SINGLE COULD BRING THE WINNING RUN HOME! BESIDES, I HATE EXTRA INNINGS . GO SLJB!!!
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