Order: In the Matter of Sage Investment Group et al.

Order

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

- AND -

IN THE MATTER OF
SAGE INVESTMENT GROUP, C.A.D.E RESOURCES GROUP INC., GREENSTONE
FINANCIAL GROUP, FIDELITY FINANCIAL GROUP, ANTONIO CARLOS NETO
DAVID OLIVEIRA, and ANNE MARIE RIDLEY

ORDER
(Section 127 of the Securities Act)



    WHEREAS on February 1, 2012, the Commission issued a Notice of Hearing pursuant to sections 127 and 127.1 of the Ontario Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”) accompanied by a Statement of Allegations dated January 27, 2012, issued by Staff of the Commission (“Staff”) with respect to Sage Investment Group (“Sage”), C.A.D.E. Resources Group Inc. (“C.A.D.E.”), Greenstone Financial Group (“Greenstone”), Fidelity Financial Group (“Fidelity”), Antonio Carlos Neto David Oliveira (“Oliveira”), and Anne Marie Ridley (“Ridley”), (collectively, the “Respondents”);

    AND WHEREAS the Notice of Hearing stated that a hearing would be held at the offices of the Commission on February 9, 2012;

    AND WHEREAS on February 9, 2012, Staff confirmed that the Commission had received the affidavit of Charlene Rochman affirmed February 9, 2012, which indicated that the Notice of Hearing and Statement of Allegations were served on all Respondents personally, or through their counsel;

    AND WHEREAS on February 9, 2012, Staff and Ridley attended the hearing and made submissions, and Staff requested that a pre-hearing conference be scheduled in this matter;

    AND WHEREAS on February 9, 2012, the Commission ordered that a pre-hearing conference be scheduled for April 26, 2012 at 2:00 p.m.;

    AND WHEREAS on April 26, 2012, Staff and counsel for Oliveira, Greenstone and Fidelity attended before the Commission and no-one appeared on behalf of the remaining Respondents;

    AND WHEREAS on April 27, 2012, the Commission ordered that the hearing on the merits shall commence on January 23, 2013 and shall continue on January 24, 25, 30 and 31, 2013 from 10:00 a.m. to 4:00 p.m. or on such further or other dates as may be agreed to by the parties and fixed by the Office of the Secretary;

    AND WHEREAS the Commission has approved settlement agreements between Staff and Oliveira and Ridley;

    AND WHEREAS Staff has withdrawn the allegations made in connection with the January 27, 2012, Notice of Hearing against the remaining Respondents in this matter, being Sage, C.A.D.E., Greenstone and Fidelity;

    IT IS HEREBY ORDERED that the dates scheduled for the hearing on the merits in this matter are vacated.

DATED at Toronto this 22nd day of January, 2013.

 

" James E. A. Turner "
James E. A. Turner