Orders and Exemptions

Decision Information

Decision Content

 

 

 

THE SECURITIES ACT

)

Order No.  6449

 

)

 

Section 19(5)

)

January 11, 2012

 

                       

 

DOMINION INVESTMENTS CLUB INC.

 

WHEREAS:

 

 

(A)         On September 20, 2010, the Ontario Securities Commission (“OSC”) issued an Order with Settlement Agreement dated September 17, 2010 between the respondent Dominion Investments Club Inc. (“DOMINION”) and the Director, Enforcement Branch of the OSC attached (“OSC Order”);

 

(B)         On November 23, 2011, The Manitoba Securities Commission (“Commission”) issued a Notice of Hearing (“Notice”) giving notice of its intention to hold a hearing to consider whether or not it was in the public interest to grant orders pursuant to The Securities Act, R.S.M. 1988, c. S50 as amended (“Act”) with respect to DOMINION;

 

(C)         This hearing matter came before a panel of the Commission on January 11, 2012;

 

(D)         Upon reviewing the documentary evidence including the Affidavit of Service and hearing the submissions of counsel for staff of the Commission, no one appearing for the respondent, and upon 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 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 DOMINION.  

 

 

BY ORDER OF THE COMMISSION

 

 

                                                                           Director, Legal and Enforcement

                                                                               

 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.