OSC extends cease trade order for Sino-Forest

By Staff | October 30, 2012 | Last updated on October 30, 2012
1 min read

On October 26, 2012, counsel submitted to the OSC that the General Cease Trade Order should be extended, and counsel for Sino-Forest consented to the extension of the General Cease Trade Order until January 21, 2013.

The OSC’s investigation into Sino-Forest is ongoing.

The regulator has accused the company and several former executives of lying to investors and attempting to mislead investigators.

The allegations have not been proven in court.

Read: Sino-Forest founder exits

Read: Shielding portfolios against next Sino-Forest

Read: Sino Forest: Report is “sloppy” research

Advisor.ca staff


The staff of Advisor.ca have been covering news for financial advisors since 1998.