| THE SECURITIES ACT | ) |
Order No. 5146 |
) |
||
| Section 19(5) | ) |
August 31, 2006 |
TREVOR WILLIAM PARK
WHEREAS:
(A) On June 1,
2005, the Executive Director of the British Columbia Securities Commission
("BCSC") entered
into a settlement ("Settlement") with Trevor William Park ("PARK")
and made an order against him dated June 1, 2005 ("BCSC Order");
(B) In paragraph 8 of the Settlement, PARK undertook to consent
to any securities regulator anywhere relying on the facts admitted in the Settlement
to make orders against him;
(C) The Manitoba Securities Commission issued a Notice of Hearing ("Notice") giving notice of its intention to hold a hearing to consider, inter alia, whether or not it was in the public interest to grant an order pursuant to subsection 19(5) of The Securities Act ("Act") with respect to PARK;
(D) On August 30, 2006, the hearing proceeded before a panel of the Commission;
(E) Upon reviewing the Affidavit of service and evidence filed and upon hearing the submissions of counsel for staff, no one appearing for 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 subsection 19(5) of the Act, subsections 19(1) and 19(3) of the Act, with respect to such of the trades referred to in those subsections, and subsection 19(2) of the Act, with respect to such of the securities referred to in that subsection, do not apply to PARK and that PARK be prohibited from purchasing any securities until the later of June 1, 2017 and of 12 years from the date PARK has paid $5,000 to the BCSC in accordance with the BCSC Order, except that PARK may trade and purchase securities in one account, of which he is the beneficial owner, held with a registered dealer to whom PARK has first provided a copy of this Order.
2. THAT PARK resign any position he holds as a director or officer of any issuer, and be prohibited from becoming or acting as a director or officer of any issuer, until the later of June 1, 2017 and of 12 years from the date PARK has paid $5,000 to the BCSC in accordance with the BCSC Order.
3. THAT PARK be prohibited from engaging in investor relations activities on behalf of any issuer until the later of June 1, 2017 and of 12 years from the date PARK has paid $5,000 to the BCSC in accordance with the BCSC Order.
BY ORDER OF THE COMMISSION
Director, Legal and Enforcement