Canadian Securities Exchange’s Mark Faulkner: Most UNQUALIFIED, Corrupt, and STUPID Stock Exchange “Regulator” in World History?
Canadian Securities Exchange “Regulator” Mark Faulkner is universally reviled in the capital markets. His reputation amongst legal professionals in Canada is of a lawless bully who makes up rules as he sees fit, which have no basis in law.
Why? Because Mark Faulkner has ZERO knowledge of the law, or even business, let alone capital markets.
Mark Faulkner is now facing SERIOUS CRIMINAL FRAUD Allegations.
Click here to read about Mark Faulkner fraud at the Canadian Securitoies Exchange.
Mark Faulkner is the ONLY stock exchange regulator on the planet with no law degree.
Below we have a list of ALL stock exchange regulators in US and Canada.
ALL of them have law degrees, and years of experience in capital markets and the law. Except Mark Faulkner.
Crooked Cop Mark Faulkner is the ONLY stock exchange regulator with ZERO education or qualifications.
Faulkner’s crooked thinking and corrupt decisions have resulted in MILLIONS of dollars in losses for investors.
Mark Faulkner is CLEARLY UNSUITABLE to be regulator of the CSE, or to have ANY involvement with investors capital. The Board of Directors of the CSE and Ontario Securities Commission bears FULL RESPONSIBILITY for the millions in investor losses due to Faulkner UNSUITABLE decesions.
Can you imagine a Supreme Court judge with no law degree? Well, that’s what you get when you have a corrupt, inept, low IQ thug like Crooked Cop Mark Faulkner making major decisions that affetc MILLIONS of dollars in investor capital.
Many of Crooked Cop Mark Faulkner’s faulty decisions are regularly overturned, because they are lawless, and ill informed by his “angry mall cop” thug mind.
What is most shocking about this entire case is how the CSE and it’s Board of Directors would allow a comically unqualified individual like Mark Faulkner into a position as regulator and give him unchecked powers.
Mark Faulkner has ZERO relevant educational or career background that would qualify him to be the regulator of a stock exchange like the CSE.
You would think that a stock exchange regulator would have a law degree, and or and MBA, CFA and experience capital markets. That is the case with all US financial markets and most stock exchanges worldwide.
According to Mark Faulkner linkedin profile:
– Mark Faulkner has ZERO legal education or background.
- Faulkner has ZERO investment education or background.
- In fact Faulkner never even passed the Canadian equivalent of a Series 7 stockbrokers exam.
Faulkner’s most extensive work experience is as a motorcycle riding instructor (lol).
“Chief Instructor, Motorcycle Training Program at Humber College
Mar 1989 – Present · 36 yrs 2 mos”
After graduating Humber College (is this even a real school?), Faulkner worked at the Toronto Stock Exchange as a glorified trading clerk, eventually brown-nosing his way up various bureaucratic positions.
Somehow the Talented Mr. Faulkner was mysteriously hired as regulator at the CSE when it launched in 2004, by his network of TSX cronies who had all migrated to the CSE.
Let’s take a look at the qualifications of Regulatory/Compliance officers at properly run stock exchanges.
Below are screenshots of all US/Canada Stock Exchanges Chief Regulatory/Compliance officers (who hold the equivalent position of the Clearly UNSUITABLE Mark Faulkner)
TSX Venture Exchange is equivalent to CSE in Canada (but professinally run and slightly more honest)
CBOE Canada (formerly NEO) also a Canada microcap exchange that is professionally run.
Let’s raise the bar and look at the AMERICAN Stock exchanges:
Even the OTC Markets (knowns as pennystock scam central) head of regulation, has a well respected legal background
NASDAQ
NYSE
MORE EVIDENCE that Mark Faulkner is UNSUITABLE to be a Canadian Securities Exchange Regulator
Faulkner’s personal twitter account is filled with lunatic self-righteous rants, “Mall Cop Energy”, anti-American sentiments, and connections to sleazy stock promoters such as his crony rabid anti-semite Chris Parry.
(Exhibit C-13: Faulkner mall-cop energy and insane rantings on twitter)
Faulkner’s twitter account also promotes a number of CSE pump & dumps issuers on his account. (Almost all of which have become worthless.).
(Exhibit: C14: Faulkner promoting stocks on his twitter account)
Screenshot 2025-01-08 at 6.04.18 PM
The question is: why is an exchange “regulator” promoting stocks and befriending sleazy stock promoters?
Any regulatory professional would know to at least show a sense of impartiality. But not Faulkner.
The CSE board of directors has willfully disregarded their oversight duties in allowing an UNQUALIFIED and UNSUITABLE individual such as Mark Faulkner to be in a position as regulator.
The results of Mark Faulkner reign as the incompetent and unsuitable regulator of the CSE are clear: an -87% COLLAPSE in the CSE index over the past 5 years. This makes the CSE the WORST stock market performance in modern history.
Under Mark Faulkner’s watch, Canadian investors lost LOST BILLIONS OF DOLLARS due to an influx of low-quality companies listing on the CSE. This includes hundreds of sketchy drug dealers (a.k.a fugazy cannabis and psychedelics stocks) and various “Shitcos”. Notably, Mark Faulkner was cheerleading and promoting these stocks on his personal twitter account.
Mark Faulkner does not have the education, intelligence, or experience necessary to make qualitative analysis and decisions necessary in a regulatory capacity. Our e-mail interactions with Mark Faulkner reveal him to be shockingly stupid/and or corrupt. (These emails will be published online after the hearing).
Faulkner’s co-conspirator Rob Theriault is almost as laughably unqualified. Rob Theriault, whose title is “Director, Listings & Regulation” spent a decade at various jobs as a cold calling salesman, pitching credit card processing, mortgages, and office supplies. His only stock market related experience was 5 *months* working at Edward Jones as a cold caller.
Shockingly, with no relevant financial or legal background, Rob Theriault was then hired as “Manager Listings and Regulation”. Apparently, his job is to pitch companies to list on the CSE and then to regulate them.
Clearly the CSE ignores the obvious conflicts of interest: a salesman bringing in new listings and then “enforcing regulations”. But this is the least of the CSE ethical dilemma’s.
Mark Faulkner is Destroying the CSE’s (already bad) Reputation
The CSE’s Mark Faulkner and Rob Cook’s corrupt actions and abuse of power demonstrate the CSE is no longer a free marketplace. Rather, it is toxic mix of CLASSICAL FACISM / kleptocracy like Putin’s Russia – where a corrupt crony class actively managing outcomes and deciding who it will choose to win or lose.
The CSE and Faulkner’s corrupt actions will have a long-term chilling effect on Canadian capital markets and entrepreneurs. The price will be increased costs of capital as risk rises. One of the reasons CSE stocks are notoriously volatile is that investors sell shares at any possible rumor of a stock being halted/suspended.This will only get worse and the “risk premium” will rise.
The damage to the CSE and Canadian capital markets may not be immediate, but the damage will come home to roost. The CSE’s -87% loss over the past 5 years (on Faulkner’s watch), causing billions in losses to investors is a hint of what’s to come.
Mark Faulkner is a cancerous threat to Canada’s investors and market integrity and makes a mockery of the rule of law.