The commission hearing scheduled for Jan. 6 was adjourned. Byrne has been ordered to cease acting as a registered representative and to cease trading in securities for anyone other than himself in accordance with the order.
The commission hearing scheduled for Jan. 6 was adjourned. Byrne has been ordered to cease acting as a registered representative and to cease trading in securities for anyone other than himself in accordance with the order.
Byrne is a former mutual fund salesperson, but he is no longer registered with the commission. He is alleged to have violated Nova Scotia securities laws by advising and trading in securities without being registered.
The extension of the temporary order was granted by the commission because it was considered necessary to protect the public.
On Boxing Day, the town issued a press release saying Byrne was stepped away from his duties with Amherst’s audit committee while the securities commission deals with the cease trade order.
Byrne will also not take his position with the Amherst police commission.
