CommoditiesBull you wrote,

Typically the OSC is pretty useless, what worries me is that they must have a solid case or they wouldn't of touched this with a ten foot pole.

First off there has been a little confusion over enforcement/sanctions over this issue. Although I am no expert, this is my understanding of the way security Commissions work. Keeping in mind they are Provincial bodies.

Allegations are made and if merited an investigator is assigned to interview people and gather facts. Once a case is built the alleged offending parities are called for a hearing where they will be given the opportunity to address the facts and findings the Commissions investigator(s) have collected. ***Note often the names of people the commission investigators are directed too, are supplied by the complainant(no bias here)**** . As a result of the hearing and after being given the opportunity to defend themselves the Commission passes judgement and if found proven, some form of sanction is handed out to the offender. Now I honestly can''t speak to the severity of the sanctions but because this forum/hearing is more like a Inquisition and not based on our Criminal Court system of British Common Law, it is unlikely they have the power to do much other than to order cease and desist orders and fines.

If the RCMP were to claim an investigation in to Fraudulent wrong doing, then the consequence is a little more dire for the offenders(if proven). Criminal Fraud is the job to the RCMP's IMET unit(Integrated Market Enforcement Team). A fancy name for a bunch of Mounties in suites, working in a high-end office building(at least in Vancouver) trying to chase down a bunch of, very rich, criminals making backroom deals and manipulating the market for rich buddies. Of course the money and resources, those scoundrels being investigated have, far out strip the budget, legal authorities(avenues for investigations) and legal resource(Government underpaid Lawyers) of those dedicated yet misguided Mounties in suites have.