Securities Law & Instruments

IN THE MATTER OF

THE SECURITIES ACT,

R.S.O. 1990, c. S.5, AS AMENDED

AND

IN THE MATTER OF

RODNEY INTERNATIONAL, CHOEUN CHHEAN

(ALSO KNOWN AS PAULETTE C. CHHEAN) AND

MICHAEL A. GITTENS (ALSO KNOWN AS

ALEXANDER M. GITTENS)

 

ORDER

Section 127

WHEREAS on June 5, 2008, the Ontario Securities Commission (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 "Act") in relation to a Statement of Allegations issued by Staff of the Commission on the same day in respect of Rodney International ("Rodney"), Choeun Chhean ("Chhean") and Michael A. Gittens ("Gittens");

AND WHEREAS the Commission conducted a hearing into this matter on September 18, 2008;

AND WHEREAS on October 6, 2008, Staff of the Commission withdrew their allegations against Chhean;

AND WHEREAS the Commission is satisfied that Gittens and Rodney have not complied with Ontario securities law and have not acted in the public interest;

AND WHEREAS the Commission is of the opinion that it is in the public interest to make this order;

IT IS ORDERED THAT:

1. Pursuant to clause 2 of subsection 127(1) of the Act, trading in any securities by each of the Respondents, Gittens and Rodney, cease for a period of 10 years from the date of this Order;

2. Pursuant to clause 2.1 of subsection 127(1) of the Act, the acquisition of any securities by each of the Respondents, Gittens and Rodney, cease for a period of 10 years from the date of this Order;

3. Pursuant to clause 3 of subsection 127(1) of the Act, any exemptions contained in Ontario securities law do not apply to each of the Respondents, Gittens and Rodney, for a period of 10 years from the date of this Order;

4. Pursuant to clause 7 of subsection 127(1) of the Act, the Respondent, Gittens, resign all positions as a director or officer of any issuer;

5. Pursuant to clause 8 of subsection 127(1) of the Act, the Respondent, Gittens, is prohibited from becoming or acting as director or officer of any issuer for a period of 10 years from the date of this Order;

6. Pursuant to clause 6 of subsection 127(1) of the Act, the Respondent, Gittens, is reprimanded; and

7. Pursuant to section 127.1 of the Act, the Respondents, Gittens and Rodney shall jointly and severally pay the costs of Staff's investigation and the hearing in this matter in the amount of $2,000 to the Ontario Securities Commission.

Dated at Toronto this 11th day of February, 2009.

"Wendell S. Wigle"

"Suresh Thakrar"