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THE SECURITIES ACT |
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Order No. 7136 |
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Sections 148 and 148.3 |
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June 24, 2015 |
THEODORE ROBERT EVERETT
AND ROBERT H. DUKE
WHEREAS:
(A) On July 3, 2014, the British Columbia Securities Commission (“BCSC”) issued a Decision against Theodore Robert Everett and Robert H. Duke (“BCSC Decision”);
(B) On March 17, 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 pursuant to sections 148 and 148.3 of the Act with respect to Theodore Robert Everett (“EVERETT”) and/or Robert H. Duke (“DUKE”);
(C) On June 24, 2015, this hearing matter came before a panel of the Commission;
(D) Upon reviewing the documentary evidence and hearing the submissions of counsel for staff of the Commission, no one appearing for the respondents, and upon reviewing the Affidavits of Service, filed, and being satisfied as to service upon the respondent, 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, EVERETT and DUKE permanently cease trading in, and are permanently prohibited from purchasing, securities and exchange contracts.
2. THAT, pursuant to section 148.3 of the Act, EVERETT and DUKE each resign any position he holds as, and be permanently prohibited from becoming or acting as, a director or officer of any issuer.
BY ORDER OF THE COMMISSION
Director