Proceedings

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IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5 AS AMENDED

- AND -

IN THE MATTER OF ROBERT JOSEPH VANIER
(a.k.a. CARL JOSEPH GAGNON)

ORDER



WHEREAS on March 29, 2010, 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”), accompanied by a Statement of Allegations issued by Staff of the Commission (“Staff”) with respect to Robert Joseph Vanier (the “Respondent”);

AND WHEREAS the Respondent entered into a Settlement Agreement with Staff dated August 5, 2010 (the “Settlement Agreement”) in which he agreed to a settlement of the proceedings commenced by Notice of Hearing dated March 29, 2010, subject to the approval of the Commission;

AND WHEREAS the Commission held a hearing to consider whether it was in the public interest to approve the Settlement Hearing on August 9, 2010 (the “Settlement Hearing”);

AND WHEREAS Staff brought a preliminary motion for certain procedural relief at the Settlement Hearing;

AND UPON reviewing the Settlement Agreement and the Statement of Allegations, and upon reading written submissions from counsel for Staff, and upon hearing submissions;

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

IT IS HEREBY ORDERED THAT:

  1. the time for service and filing of the Notice of Motion dated August 5, 2010, the Settlement Agreement and all materials filed for the purposes of the Settlement Hearing is abridged;
  2. the Settlement Hearing will be heard in camera;
  3. the Settlement Agreement, all materials filed for the Settlement Hearing, and all transcripts arising from the Settlement Hearing are sealed for a period of four (4) months from the date of this Order;
  4. the requirement to post the Settlement Agreement and any materials filed for the Settlement Hearing is delayed for a period of four (4) months from the date of this Order; and
  5. any reprimand of the Respondent may be issued in absentia.

 

DATED at Toronto this 9th day of August, 2010

 

" Carol S. Perry "
Carol S. Perry