Proceedings


IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c.S.5, AS AMENDED


AND


IN THE MATTER OF
BRIAN ANDERSON, LESLIE BROWN, DOUGLAS BROWN, DAVID SLOAN AND FLAT ELECTRONIC DATA INTERCHANGE (a.k.a. F.E.D.I.)



ORDER
Subsection 127(1) & 127(5)



WHEREAS on June 5, 2003, the Commission ordered pursuant to section 127(5) of the Securities Act that trading in a seat on the Flat Electronic Data Interchange (“FEDI”) by the Respondents cease and that the Respondents not provide to a person or company copies of documents affixed to the order as Schedules “A” to “H”;

AND WHEREAS on June 11, 2003, the Ontario Securities Commission issued a Notice of Hearing pursuant to section 127 of the Securities Act wherein Staff of the Commission sought, among other relief, a continuation of the Temporary Order;

AND WHEREAS on June 18, 2003, the Commission heard submissions from Staff and submissions for Counsel for Brian Anderson, Leslie Brown, Douglas Brown and David Sloan (the “Individual Respondents”);

AND WHEREAS on June 18, 2003, Staff of the Commission advised that the Respondent FEDI had not been served with the Temporary Order, Notice of Hearing or Statement of Allegations, and were therefore not seeking to extend the temporary order against FEDI;

AND WHEREAS the Individual Respondents and Staff each consented to continue the hearing on July 11, 2003;

AND WHEREAS on July 11, 2003, the Individual Respondents and Staff each consented to continue the hearing on September 15, 2003, or as soon thereafter as a panel could be constituted;

AND WHEREAS on each of September 18, 2003 and November 25, 2003, the individual Respondents and Staff each consented to continue the order until a hearing to be held on April 19, 2004, or as soon thereafter as the matter could be heard;

AND WHEREAS on April 26, 2004 the Commission ordered that the Temporary Order issued June 5, 2003, continued from time to time as against Anderson, be continued for a period of 120 days from that date;

AND WHEREAS Anderson and Staff consent to an adjournment of the hearing to be scheduled on or before August 24, 2004, to a date to be fixed no later than October 30, 2004 and that the Temporary Order issued June 5, 2003, continued from time to time against Anderson, be continued until that date;

IT IS THEREFORE ORDERED that the Temporary Order issued June 5, 2003, continued from time to time as against Anderson, be continued until the hearing of this matter, to be held no later than October 30, 2004.


Dated at Toronto this 20th day of August, 2004


"R. L. Shirriff" "H. Lorne Morphy"
R. L. Shirriff H. Lorne Morphy