IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5, AS AMENDED
- and -
IN THE MATTER OF
DAVID DE GOUVEIA
(Subsections 127(1) and 127(10) of the Securities Act)
WHEREAS on February 18, 2014, the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing pursuant to subsections 127(1) and 127(10) of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”) in respect of David De Gouveia (“De Gouveia”);
AND WHEREAS on February 18, 2014, Staff of the Commission (“Staff”) filed a Statement of Allegations in respect of the same matter;
AND WHEREAS on March 19, 2014, the Commission heard an application by Staff to convert the matter to a written hearing, in accordance with Rule 11.5 of the Ontario Securities Commission’s Rules of Procedure (2012), 35 O.S.C.B. 10071, and subsection 5.1(2) of the Statutory Powers Procedure Act, R.S.O. 1990, c. S.22, as amended;
AND WHEREAS De Gouveia did not appear, although properly served as set out in the Affidavit of Service of Lee Crann, sworn March 17, 2014 and filed with 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 that:
(a) Staff’s application to proceed by way of written hearing is granted;
(b) Staff’s materials in respect of the written hearing shall be served and filed no later than March 31, 2014;
(c) De Gouveia’s responding materials, if any, shall be served and filed no later than April 22, 2014; and
(d) Staff’s reply materials, if any, shall be served and filed no later than April 29, 2014.
DATED at Toronto this 19th day of March, 2014.
Alan J. Lenczner, Q.C.