Securities Law & Instruments

IN THE MATTER OF

THE SECURITIES ACT,

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

AND

IN THE MATTER OF

CHRISTOPHER SMITH

 

ORDER

WHEREAS on September 28, 2007, the Commission issued a Notice of Hearing pursuant to section 127 of the Securities Act (the "Act") in respect of the trading of securities in Imagin Diagnostic Centres Inc. ("Imagin") by Christopher Smith;

AND WHEREAS on September 27, 2007 Staff of the Commission filed a Statement of Allegations;

AND WHEREAS Christopher Smith entered into a Settlement Agreement dated January 15, 2009 (the "Settlement Agreement") in relation to the matters set out in the Statement of Allegations;

AND WHEREAS the Commission issued a Notice of Hearing dated January 15, 2009, setting out that it proposed to consider the Settlement Agreement;

UPON reviewing the Settlement Agreement, the Notice of Hearing, the Statement of Allegations, and upon considering submissions from Christopher Smith through his agent and from Staff of the Commission;

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

IT IS HEREBY ORDERED, PURSUANT TO SECTION 127 OF THE ACT, THAT :

1. The Settlement Agreement dated January 15, 2009, between Staff of the Commission and Christopher Smith is approved;

2. The Respondent is prohibited for five years from becoming or acting as a director or officer of any issuer, registrant or investment fund manager commencing on the date of this order; and,

3. The Respondent is prohibited for five years from becoming or acting as a registrant commencing on the date of this order.

Dated at Toronto, Ontario this 16th day of January, 2009.

"Suresh Thakrar"

"Kevin J. Kelly"