On September 28, 2011, the Ontario Securities Commission (the “Commission”) released its long awaited decision In the Matter of Coventree Inc., Geoffrey Cornish and Dean Tai. The Commission concluded that Coventree Inc. (Coventree), its President, Geoffrey Cornish, and former CEO, Dean Tai, failed to disclose material facts about the underlying weakness of the asset-backed commercial paper (ABCP) market. (...)

type Brokers’ Report – October 2011