Orders and Exemptions

Decision Information

Decision Content

THE MANITO.A SECURITIES COMMISSION THE SECURITIES ACT ) Order No. 6531 ) Sections 148, 19(5), and 148.3 ) May 30,2012 GOLDBRIDGE FINANCIAL INC. and WESLEY WAYNE WEBER WHEREAS: (A) On October 26, 2011 , the Ontario Securities Commission ("OSC") issued an Order ("OSC Order") against Goldbridge Financial Inc. ("GOLDBRIDGE") and Wesley Wayne Weber ("WEBER"); (B) On April 18, 2012, 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 section 148.4 of The Securities Act, R.S.M. 1988, c. S50 as amended ("Act") with respect to GOLDBRIDGE and/or WEBER; (C) Each of the respondents has consented to the issuance of this Order and has waived the right to a full hearing; (D) The Commission is of the opinion that it is in the publ ic interest to make this order. IT IS ORDERED: 1. THAT, pursuant to section 148 of the Act, the respondents cease trading in securities until and including October 26, 2026, except that WEBER may trade securities in any of his personal accounts in which he has sole legal and beneficial ownership, provided that: (a) the securities traded are listed and posted for trad ing on the Toronto Stock Exchange, the New York Stock Exchange or NASDAQ (or their successor exchanges) or are issued by a mutual fund that is a reporting issuer; (b) WEBER does not own legally or beneficially more than one percent of the outstanding securities of the class or series of the class in question; 5()()·44~1 St. Mary Avenu~, WinnlpeJot, ManitOba R:K: 4KS lei; (ZO-l) Q4S.2S·HJ fax: (204) Q"5 .0:UO wW'f'o'.msq:{}v.m b.ca
Page 2 (c) WEBER carry out any trading permitted by this Order through a registered dealer and through trading accounts opened in his name only (and he must close any trading accounts that are not in his name only) ; and (d) WEBER must give a copy of this Order to any registered dealer through which he trades, in advance of any trading . 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 the respondents until and including October 26, 2026. 3. THAT, pursuant to section 148.3 of the Act, WEBER resign any position he holds as an officer or director of any issuer and be prohibited from becoming or acting as an officer or director of any issuer until and including October 26, 2026. BY ORDER OF THE COMMISSION
 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.