| THE SECURITIES ACT | ) |
Order No. 5978 |
) |
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| Sections 148(1), 19(5) and 148.3 | ) |
August 19, 2009 |
JOHN ILLIDGE
WHEREAS:
(A) On May 13, 2008, staff of the Ontario Securities Commission ("OSC") entered into a settlement ("Settlement") with John Illidge ("ILLIDGE") and made an order dated May 16, 2008 against him ("OSC Order");
(B) On June 22, 2009, The Manitoba Securities Commission issued a Notice of Hearing ("Notice") giving notice of its intention to hold a hearing to consider pursuant to section 148.4 of The Securities Act, R.S.M. 1988, c. S50 as amended ("Act") whether or not it was in the public interest to grant orders with respect to ILLIDGE;
(C) On August 19, 2009, the hearing proceeded 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 respondent, and upon reviewing the Affidavit 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(1) of the Act, ILLIDGE permanently cease trading in securities.
2. THAT, pursuant to subsection 19(5) of the Act, subsection 19(1) of the Act, with respect to such of the trades referred to in that subsection, and subsection 19(2) of the Act, with respect to such of the securities referred to in that subsection, do not apply to ILLIDGE permanently.
3. THAT, pursuant to section 148.3 of the Act, ILLIDGE 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
Deputy Director