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THE SECURITIES ACT |
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Order No. 7189 |
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Section 148 |
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September 23, 2015 |
DANIEL QUO MING SAM
WHEREAS:
(A) On April 27, 2015, the British Columbia Securities Commission (“BCSC”) issued an order against Daniel Quo Ming Sam (“BCSC Order”);
(B) On July 17, 2015, The Manitoba Securities Commission (“Commission”) issued a Notice of Hearing (“Notice”) giving notice of its intention to hold a hearing pursuant to section 148.4 of The Securities Act, R.S.M. 1988, c. S50 as amended (“Act”) to consider whether or not it was in the public interest to grant orders with respect to Daniel Quo Ming Sam (“SAM”);
(C) SAM, represented by legal counsel, has consented to the issuance of this order and has waived his right to a full hearing;
(D) 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 of the Act, SAM cease trading in securities until and including April 27, 2020, except that SAM is permitted to trade in securities through one account in his own name through a registrant if he first provides a copy of this order to the registrant.
BY ORDER OF THE COMMISSION
Director