A Richmond resident is facing two charges for alleged trading misconduct dating back to 2017.
Richard Yung Shyang Chen is accused of violating "quasi-criminal" provisions of the B.C. Securities Act, according to a BC Securities Commission (BCSC) media release on March 21.
Chen was charged with one count of alleged unlawful trading in a security and one count of allegedly distributing securities without prospectus.
The alleged conduct took place in Burnaby in 2017 and 2018 and charges were laid following an investigation by BCSC's criminal investigations branch.
Violation of the provisions could result in imprisonment, probation or restitution orders, according to the BCSC.
Chen made his first court appearance on March 18 in Vancouver Provincial Court and is scheduled to return on April 15.
None of the allegations have been proven.
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