OSC v. Ontario Securities Commission v and Claire Amanda Drage (paid stock promotion, 2025)

Judgment entered

Machine-extracted, pending human review. The structured fields on this page were parsed automatically from the regulator's own release, linked below. Read the primary document before relying on any figure here, and tell us if something is wrong.

In 2025, the regulator obtained a judgment against Ontario Securities Commission v and Claire Amanda Drage, alleging conduct this library classifies as paid stock promotion. The release does not state a monetary figure that we were able to extract.

The record

What was ordered

Civil penalty

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Disgorgement

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Prejudgment interest

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Total relief

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Alleged gain

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A dash means the release did not state a figure we could extract, not that the figure is zero. Penalty and disgorgement are stored separately so aggregates across the library do not double-count the same dollars.

What is alleged to have happened

the regulator announced this matter on December 17, 2025 as release 2025-14. The respondents named are Ontario Securities Commission v and Claire Amanda Drage (1 individual, 1 entity). The action was brought in the Capital Markets Tribunal (Ontario).

This library tags the matter as paid stock promotion, based on the conduct the regulator describes. Each tag links to a page explaining how that technique works, what statute it engages, and what penalties comparable actions have attracted. The tagging is ours, not the regulator's: agencies charge statutory provisions, not technique names.

For the regulator's own account of the facts, read the primary document linked above. This page deliberately summarises the structured record rather than reproducing the release.

What technique is this, and how does it work?

This action is tagged with one technique in our taxonomy. The tagging is ours: regulators charge statutory provisions, not technique names, so the mapping is an editorial judgement described in our editorial policy.

• Paid stock promotion — see how it works, what statute it engages, and every other action tagged the same way.

Timeline

1. 2025-12-15 Document
2. 2025-12-16 Settlement Agreement
3. 2025-12-17 Notice of Hearing
4. 2025-12-19 Reasons and Decision
5. 2026-01-16 Reasons and Decision

Primary documents

Everything on this page derives from the documents below. Where our summary and the primary document disagree, the primary document is right.

• Tribunal proceeding
• Document
• Settlement Agreement
• Notice of Hearing
• Reasons and Decision
• Reasons and Decision

The linked release is published by the issuing regulator under its own terms. Our summary and narrative above are our own writing.

Related actions

Other actions in the library sharing at least one technique tag with this one.

Record added September 9, 2026. submit a correction.