IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5, AS AMENDED
IN THE MATTER OF A DECISION OF THE INVESTMENT INDUSTRY REGULATORY ORGANIZATION OF CANADA
IN THE MATTER OF STEVEN GEORGE CONVILLE
(Subsection 8(4) of the Securities Act, Rule 14.7 of the Ontario Securities Commission Rules of Procedure (2012), 35 O.S.C.B. 10071)
WHEREAS on March 10, 2013, Steven Conville (“Conville”) filed with the Ontario Securities Commission (the “Commission”) an application for hearing and review of decisions of a Hearing Panel of the Investment Industry Regulatory Organization of Canada (“IIROC”) dated June 11, 2012 and February 12, 2013 (the “IIROC Penalty Decision”) (together, the “IIROC Decisions”), pursuant to section 21.7 of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”) (the “Conville Application”);
AND WHEREAS on April 5, 2013, Enforcement Staff of IIROC (“IIROC Staff”) filed a cross-application for hearing and review of the IIROC Penalty Decision (the “IIROC Application”);
AND WHEREAS on April 8, 2013, Conville requested a stay of the IIROC Penalty Decision pending the determination of the hearing and review (the “Stay Application”) and IIROC Staff and Enforcement Staff of the Commission gave notice, in writing, that they did not oppose the Stay Application;
AND WHEREAS on April 12, 2013, the Commission ordered that the IIROC Penalty Decision be stayed, pursuant to subsection 8(4) of the Act and Rule 14.7 of the Rules, pending the determination of the Conville Application and the IIROC Application (the “Stay Order”);
AND WHEREAS on October 8, 2013, IIROC Staff informed the Commission, in writing, that Conville and IIROC Staff had agreed to discontinue the Conville Application and the IIROC Application;
IT IS ORDERED THAT the Stay Order is revoked.
DATED at Toronto this 30th day of June, 2014.
James D. Carnwath, QC