LCRO 283/2014 AD v FR and OR (31 August 2018) [pdf, 219 KB]
...finding was appropriate. [99] Turning to the penalty imposed, Mr AD submitted that a fine of $5,000 was excessive. [100] Determining an appropriate level of a fine to be imposed, engages an element of the discretion exercised by Committees. [101] There is no formula by which to calculate the appropriate level of a fine. As such, this Office would have to have good reason to interfere with the exercise of that discretion. That said, the expectation of this Office is that it wi...