Securities Law & Instruments


IN THE MATTER OF THE SECURITIES ACT,

RSO 1990, c S.5 (the “Act”)
AND
IN THE MATTER OF AN AUTHORIZATION PURSUANT
TO SUBSECTION 3.5(3) OF THE ACT

AUTHORIZATION ORDER

(Subsection 3.5(3))

           WHEREAS a quorum of the Ontario Securities Commission (the “Commission”) may, pursuant to subsection 3.5(3) of the Act, in writing authorize any member of the Commission to exercise any of the powers and perform any of the duties of the Commission, including the power to conduct contested hearings on the merits.

            AND WHEREAS, by an authorization order made on January 16, 2019, pursuant to subsection 3.5(3) of the Act (the “Prior Authorization”), the Commission authorized each of MAUREEN JENSEN, D. GRANT VINGOE, TIMOTHY MOSELEY, GARNET W. FENN, WILLIAM J. FURLONG, LAWRENCE P. HABER, ROBERT P. HUTCHISON, JANET LEIPER, POONAM PURI, ANNEMARIE RYAN, MARK J. SANDLER, and M. CECILIA WILLIAMS acting alone, to exercise, subject to subsection 3.5(4) of the Act, the powers of the Commission to grant adjournments and set dates for hearings, to hear and determine procedural matters, and to make and give any orders, directions, appointments, applications and consents under sections 5, 11, 12, 17, 19, 20, 122, 126, 127, 128, 129, 140, 144, 146, and 152 of the Act that the Commission is authorized to make and give, including the power to conduct contested hearings on the merits.

            IT IS ORDERED that the Prior Authorization is hereby revoked;

            THE COMMISSION HEREBY AUTHORIZES, pursuant to subsection 3.5(3) of the Act, each of MAUREEN JENSEN, D. GRANT VINGOE, TIMOTHY MOSELEY, GARNET W. FENN, LAWRENCE P. HABER, POONAM PURI and M. CECILIA WILLIAMS acting alone, subject to subsection 3.5(4) of the Act,

  1. to exercise the powers of the Commission to grant adjournments and set dates for hearings, to hear and determine procedural matters, including making an order under section 147 of the Act to exempt a person or company from any time limit imposed by Ontario securities law,
  2. to make and give any orders, directions, appointments, applications, consents and determinations under sections 5, 11, 12, 17, 19, 20, 122, 126, 128, 129, 144, 146, 152 and 153 of the Act that the Commission is authorized to make or give,
  3. to exercise the powers of the Commission under subsections 8(2) and (3) of the Act, including those powers conferred on the Commission because of subsection 21.7(2) of the Act,
  4. to exercise the powers of the Commission under sections 104 and 127 of the Act, and
  5. to provide the opinion contemplated by subsection 140(2) of the Act, 

 including to exercise the power to conduct contested hearings on the merits.

            DATED at Toronto, this 8th day of February, 2019.

" D. Grant Vingoe "
D. Grant Vingoe, Vice-Chair
" Timothy Moseley "
Timothy Moseley, Vice-Chair