Orders and Exemptions

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THE SECURITIES ACT
)
Order No. 4927
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Section 146(2) and 19(5)

)
October 15, 2003

 

ANN DIDUR

WHEREAS:

(A) By Order No. 4287 dated October 1, 2003, The Manitoba Securities Commission (the "Commission") ordered inter alia, pursuant to sections 19(5) and 19(6) of The Securities Act (the "Act"), with respect to Ann Didur ("Didur") that:

(a) subsections 19(1) and 19(3) of the Act do not, with respect to such of the trades referred to in those subsections, apply to Didur; and

(b) subsection 19(2) of the Act does not, with respect to such of the securities referred to in that subsection, apply to Didur,

and that the Order shall expire on October 15, 2003, unless extended by further order of the Commission;

(B) By Order No. 4287 dated October 1, 2003, the Commission further ordered the Notice of Hearing dated March 17, 2003 be adjourned to October 15, 2003 at 9:00 a.m.

(C) Notice of the Hearing held on October 15, 2003 was served on Didur;

(D) Staff advised the Commission on October 15, 2003 that the investigation into Didur trading in securities continues;

(E) Upon hearing the evidence adduced and submissions of counsel for staff of the Commission, Didur not appearing, the Commission is of the opinion that it is in the public interest to make this order.

IT IS ORDERED:

1.  THAT, pursuant to subsection 19(5) of the Act, that:

(a) subsections 19(1) and 19(3) of the Act do not, with respect to such of the trades referred to in those subsections, apply to Didur; and

(b) subsection 19(2) of the Act does not, with respect to such of the securities referred to in that subsection, apply to Didur.

2.  THAT this Order shall expire on January 28, 2004, unless extended by further Order of the Commission.

3.  THAT, this matter be next returnable before the Commission on January 28, 2004 at 9:00 a.m.

4.  THAT Lyle Smordin be allowed to withdraw as solicitor of record for Didur.

BY ORDER OF THE COMMISSION

Director, Legal and Enforcement

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