Proceedings

PDF Version
PDF Version




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

- and -

ADRIAN SAMUEL LEEMHUIS, FUTURE GROWTH GROUP INC.,
FUTURE GROWTH FUND LIMITED,
FUTURE GROWTH GLOBAL FUND LIMITED,
FUTURE GROWTH MARKET NEUTRAL FUND LIMITED, and
FUTURE GROWTH WORLD FUND


TEMPORARY ORDER
(Sections 127(1) and (5))



      WHEREAS it appears to the Ontario Securities Commission (the “Commission”) that:
  1. Adrian Samuel Leemhuis is a Canadian resident;
  2. The corporate respondents and Future Growth World Fund, the “Non-individual Respondents”, are neither reporting issuers nor registrants in Ontario;
  3. The respondents have traded in investments which appear to be “securities” as defined in section 1(1) of the Securities Act, R.S.O., 1990 c.S.5, as amended (the “Act”);
  4. Staff are conducting an investigation of the respondents. Based on Staff’s investigation to date, it appears that:
    1. the respondents have traded in securities and participated in unlawful distributions of securities, contrary to sections 25 and 53 of the Act; and
  5. The Commission is of the opinion that it is in the public interest to make this order and that the time required to conclude a hearing could be prejudicial to the public interest.

      AND WHEREAS by Commission Order made By Authorization Order made April 1, 2008, pursuant to subsection 3.5(3) of the Act, each of W. David Wilson, James E. A. Turner, Lawrence E. Ritchie, Paul K. Bates and David L. Knight, acting alone, is authorized to make orders under section 127(5) of the Act.;

      IT IS ORDERED pursuant to section 127(5) of the Act that:
  1. Under paragraph 2 of section 127(1), all trading in securities of the Non-individual Respondents shall cease;
  2. Under paragraph 2 of section 127(1), trading in any securities by the respondents shall cease; and
  3. Under paragraph 3 of section 127(1), any exemptions contained in Ontario securities law do not apply to the respondents.

      IT IS FURTHER ORDERED that pursuant to section 127(6) of the Act this order shall take effect immediately and shall expire on the fifteenth day after its making unless extended by order of the Commission.

DATED at Toronto this 22nd day of April, 2008.



  "   David Wilson   "  
W. David Wilson