Treehugger, I have a very simple answer to your question of why the OSC/Mr. Wetston handles Sino-Forest so harshly:
- Because he can!
I've read an article before, while criticizing the unefficientcy of the OSC in punishing the insider trading, market manipulation and accounting fraud, the article also gives a reason why it is so:
The OSC's officials usually only have a term of service, and after that, they go to private law firms or such kind. That means the enterprises and senior members the OSC officials dealing with are more likely become the potential clients in the future.
Sino-Forest is such a good chance for the OSC to show the public that it can be harsh, while the company has little connection with the OSC officials future, with Chinese senior executives and main business in China.