Welcome to securities regulation Ontario style.  The OSC wipes out  hundreds of millions of market cap of a perfectly sound company (Buffet bought it), slaps on a fine that hurts the shareholders even more, and calls it a day.  They even shamelessly quote 'disclosure' concerns.  Yet they leave the major institutions alone who commit the same offences on a much much larger scale over and over again to this day.  The simplest to understand is Bre-X.  I assure you it was well known on Bay Street that the deal was a house of cards.  Where was the disclosure from those who knew, never mind those who 'ought to have known'?  I'm talking about the Banks.   The OSC is a disgraceful sham that simply protects the interests of a select few.  Git outta here.