Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
TORONTO, Nov 16 (Reuters) – The enforcement arm of the Ontario Securities Commission (OSC) is calling for Omega Securities Inc to pay an administrative penalty of up to C$1 million ($784,190) per failure to comply with provincial securities law, the regulator said on Thursday.
A hearing on the allegations that could result in the operations of two Canadian alternative trading systems being suspended is due to be held on Friday. ($1 = 1.2752 Canadian dollars)
(Reporting by Alastair Sharp, editing by G Crosse).
