IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5, AS AMENDED
– AND –
IN THE MATTER OF
HERITAGE EDUCATION FUNDS INC.
NOTICE OF HEARING
(Sections 127 and 127.1)
TAKE NOTICE THAT the Ontario Securities Commission (the “Commission”) will hold a hearing pursuant to section 127 of the Securities Act, R.S.O. 1990, c. S.5, as amended (the "Act") at the offices of the Commission at 20 Queen Street West, 17th Floor Hearing Room on Monday, January 12, 2015 at 10:00 a.m., or as soon thereafter as the hearing can be held;
AND TAKE NOTICE that the purpose of the hearing is to consider whether it is in the public interest for the Commission to: (a) approve the Settlement Agreement between Staff of the Commission and Heritage Education Funds Inc. (“HEFI”); and (b) make such other order as the Commission may consider appropriate;
BY REASON OF the allegations set out in the Statement of Allegations dated January 6, 2015 and such additional allegations as counsel may advise and the Commission may permit;
AND TAKE FURTHER NOTICE that any party to the proceedings may be represented by counsel at the hearing;
AND TAKE FURTHER NOTICE that upon failure of any party to attend at the time and place aforesaid, the hearing may proceed in the absence of that party and such party is not entitled to any further notice of the proceedings.
DATED at Toronto this 8th day of January, 2015.
Secretary to the Commission
TO: Heritage Education Funds Inc.
c/o Counsel for Heritage Education Funds Inc.
Brookfield Place, Suite 4400
181 Bay Street