THE SECURITIES ACT |
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Order No. 7122 |
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Section 148 |
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June 2, 2015 |
TERRY HURST
WHEREAS:
(A) On March 2, 2015, the Executive Director of the Alberta Securities Commission (“ASC”) entered into a Settlement Agreement and Undertaking with Terry Hurst;
(B) On March 13, 2015, The Manitoba Securities Commission (“Commission”) issued a Notice of Hearing (“Notice”) giving notice of its intention to hold a hearing pursuant to section 148.4 of The Securities Act, R.S.M. 1988, c. S50 as amended (“Act”) to consider whether or not it was in the public interest to grant orders with respect to Terry Hurst;
(C) Terry Hurst, self-represented, has consented to the issuance of this order and has waived his right to a full hearing;
(D) The Commission is of the opinion that it is in the public interest to make this order.
IT IS ORDERED:
1. THAT, pursuant to section 148 of the Act, Terry Hurst cease trading in and purchasing securities or derivatives until and including March 2, 2018, except that:
(a) he may trade in and/or purchase securities or derivatives, through a registrant who has been given a copy of this order, using one Registered Retirement Savings Plan account; and
(b) he may purchase securities in an issuer whose securities are not distributed to the public.
BY ORDER OF THE COMMISSION
Director