IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c. S.5, AS AMENDED
- AND -
IN THE MATTER OF STEPHEN CAMPBELL
(Subsections 127(1) and Section 127.1)
WHEREAS on March 26, 2013, Staff of the Ontario Securities Commission (“Staff” and the “Commission”) issued a Notice of Hearing pursuant to sections 127 and 127.1 of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Securities Act”) in respect of Mr. Stephen Campbell (the “Respondent”) in respect of conduct that occurred between January 1, 2010 and December 31, 2011 (the “Material Time”);
AND WHEREAS the Respondent and Staff entered into a settlement agreement (the “Settlement Agreement”) in which they agreed to a settlement of the proceeding commenced by the Notice of Hearing dated March 26, 2013, subject to the approval of the Commission;
AND UPON reviewing the Settlement Agreement and the Notice of Hearing, and upon hearing submissions from the Respondent and from counsel for Staff;
AND WHEREAS the Commission is of the opinion that it is in the public interest to make this Order;
IT IS ORDERED THAT:
- the Settlement Agreement is hereby approved;
- pursuant to paragraph 127(1)(6) of the Securities Act, the Respondent is hereby reprimanded;
- pursuant to paragraph 127(1)(2) of the Securities Act, the Respondent is hereby prohibited from trading in any securities for a period of two years commencing from the date of this Order; and
- pursuant to subsection 127.1(1) of the Securities Act, the Respondent shall within thirty days of this Order pay $25,000 towards the costs of Staff’s investigation.
DATED at Toronto this “28th” day of March, 2013.