WINNIPEG, Manitoba – January 9, 2026 – The Manitoba Securities Commission (MSC) confirms that Bret Allan Dobbin has entered into a Settlement Agreement with MSC Staff after being sentenced to 18 months in jail for violating The Securities Act and The Mortgage Brokers Act. Mr. Dobbin fraudulently obtained over $500,000 from an elderly, widowed victim.
During a hearing held on December 3, 2025, The Commission made the following orders:
- Permanent denial of exemptions under The Securities Act and The Mortgage
Brokers Act - Immediate resignation of any positions held as a director or officer of any issuer
- Prohibition against serving as a director or officer of any issuer in the future
“This case is a stark reminder of the long-lasting harm financial exploitation can inflict on vulnerable Manitobans,” says Chris Besko, MFSA Executive Director. “Our priority is to ensure that victims of financial fraud are supported and that those responsible are held accountable.”
Additionally, the Provincial Court of Manitoba has ordered Mr. Dobbin to pay approximately $380,000 in restitution to his victim.
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About the Manitoba Securities Commission
The Manitoba Securities Commission is a division of the Manitoba Financial Services Agency, a special operating agency of the Government of Manitoba. The Commission regulates the securities, real estate, and mortgage broker industries, and promotes fair and efficient capital markets throughout the province.
Media inquiries:
Marko Bilandzija, Communications Coordinator
marko.bilandzija@gov.mb.ca
204-945-4733
