Hearings and Proceedings

Decision Information

Decision Content

IN THE MATTER OF:         THE SECURITIES ACT

 

-and-

 

IN THE MATTER OF:         MADISON STREET LIMITED PARTNERSHIP, 5218838 MANITOBA LTD., and BRENDA ANDRE

           

 

NOTICE OF HEARING

 

 

            TAKE NOTICE that The Manitoba Securities Commission (“Commission”) will hold a public hearing (“Hearing”) at its offices at Room 500 - 400 St. Mary Avenue, Winnipeg, Manitoba on Wednesday, the 16th day of May, 2018 commencing at 9:00 o’clock in the forenoon or so soon thereafter as the Hearing can be held, and from day to day thereafter until the Hearing is concluded, to consider:

 

1.            whether or not it is in the public interest to order, pursuant to subsections 148.1(1) and 148.1(1.1) of The Securities Act (“Act”), that Madison Street Limited Partnership, 5218838 Manitoba Ltd., and Brenda Andre pay an administrative penalty;

 

2.            whether or not it is in the public interest to order pursuant to section 148.2 of the Act, that Madison Street Limited Partnership, 5218838 Manitoba Ltd., and Brenda Andre pay compensation for financial loss; 

 

3.            whether or not it is in the public interest to order, pursuant to subsection 19(5) of The Act, that:

 

(a)       subsection 19(1) of the Act does not, with respect to such of the trades referred to in that subsection, apply to Madison Street Limited Partnership, 5218838 Manitoba Ltd., and Brenda Andre;

 

(b)       subsection 19(2) of the Act does not, with respect to such of the securities referred to in that section, apply to Madison Street Limited Partnership, 5218838 Manitoba Ltd., and Brenda Andre;

 

4.            whether or not it is in the public interest to order that Madison Street Limited Partnership, 5218838 Manitoba Ltd., and Brenda Andre pay costs of and incidental to the Hearing;

 

5.            such further and other matters and the making of such further and other orders as the Commission may deem appropriate.

 

 

BY REASON OF THE FOLLOWING ALLEGATIONS:

 

By reason of the allegations set out in the Statement of Allegations of Staff of the Commission dated April 6, 2018.

 

            AND FURTHER TAKE NOTICE that a person or company attending or submitting evidence at the Hearing may be represented by counsel of its choice.

 

            AND FURTHER TAKE NOTICE that any party to the proceedings may, at the Hearing, call witnesses and submit such evidence relevant to the Hearing as it may wish and, for that purpose, it may obtain from the Director of the Commission at Room 500 - 400 St. Mary Avenue, Winnipeg, Manitoba, a form or forms of summons to compel the attendance of witnesses.

 

            AND FURTHER TAKE NOTICE that upon failure of any party to attend at the time and place aforesaid, the Hearing may proceed in that party’s absence and the Commission may make or give any decision or order as though that party were present.

 

            DATED at Winnipeg, Manitoba this 6th day of April, 2018.

 

                                                                                               

                                                                        Director

 

 

TO:     MADISON STREET LIMITED PARTNERSHIP, 5218838 MANITOBA         LTD., and BRENDA ANDRE

                       

 

                       

 

 You are being directed to the most recent version of the statute which may not be the version considered at the time of the judgment.