| THE REAL ESTATE BROKERS ACT | ) |
Order No. 3227 |
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| Section 11(1) | ) |
January 24, 2001 |
WALTER THEODOR BARTEL
WHEREAS:
(A) A hearing (the "Hearing") was held by The Manitoba Securities Commission (the "Commission") on September 14 and 15, 2000 and was continued on November 23, 24 and 28, 2000 and ended on December 4, 2000 pursuant to a Notice of Hearing and Statement of Allegations of Staff dated May 24, 2000 to consider:
(i) whether or not it is in the public interest to order, pursuant to subsection 11(1) of The Real Estate Brokers Act (the "Act"), that the registration of Walter Theodor Bartel ("Bartel") as a salesman under the Act be suspended or cancelled;
(ii) whether or not it is in the public interest to order that Bartel pay the costs of the investigation and the hearing;
(iii) such further and other matters and the making of such further and other orders as the Commission may deem appropriate;
(B) After reading the Notice of Hearing and Statement of Allegations of Staff and upon hearing the evidence and submissions of staff and of Bartel, the Commission issued Reasons for Decision with respect to the Hearing dated January 24, 2001;
(C) In the opinion of the Commission it is in the public interest to make this Order;
IT IS ORDERED:
1. THAT, pursuant to subsection 11(1) of the Act, Bartel is suspended from registration as a salesperson for a period of 90 days, commencing January 31, 2001.
BY ORDER OF THE COMMISSION
Director, Legal and Enforcement