| THE SECURITIES ACT | ) |
Order No. 5314 |
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| Section 19(5) | ) |
February 12, 2007 |
ROBERT SYME
WHEREAS:
(A) A hearing ("Hearing") was held by The Manitoba Securities Commission ("Commission") in the matter of ROBERT SYME ("Syme") on February 12, 2007 pursuant to a Notice of Hearing and Statement of Allegations of Staff, both dated June 26, 2006, to consider, inter alia:
1. Whether or not it is in the public interest to order, pursuant to subsection 19(5) of The Securities Act (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 sections, apply to Syme;
(b) subsection 19(2) of the Act does not, with respect to such of the securities referred to in that section, apply to Syme;
2. Whether or not pursuant to subsection 148.2 of the Act, that Syme be ordered to pay compensation for financial loss;
(B) After reading the Notice of Hearing and Statement of Allegations of Staff and noting service having been effected upon Syme as confirmed by the Affidavit of Jason Roy sworn October 11, 2006, Syme having failed to appear at the Hearing, and upon reviewing the evidence and submissions of Staff, in the opinion of the Commission it is in the public interest to make this order;
IT IS ORDERED:
1. THAT, pursuant to subsection 19(5) of the Act:
(a) subsection 19(1) of the Act does not, with respect to such of the trades referred to in that subsection, apply to Syme; and
(b) Subsection 19(2) of the Act does not, with respect to such securities referred to in that subsection, apply to Syme.
BY ORDER OF THE COMMISSION
Director, Legal and Enforcement