IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5, AS AMENDED
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IN THE MATTER OF NEWER TECHNOLOGIES LIMITED, RYAN PICKERING
AND RODGER FREY
(Subsection 127(1) of the Securities Act)
WHEREAS on December 4, 2012, 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”) in connection with a Statement of Allegations filed by Staff of the Commission (“Staff”) on December 4, 2012 in respect of Newer Technologies Limited, Ryan Pickering and Rodger Frey (collectively, the “Respondents”);
AND WHEREAS on September 3, 2014, the Commission issued an Order approving a Settlement Agreement reached between Staff and Newer Technologies Limited and Ryan Pickering dated September 2, 2014 and an Order approving a Settlement Agreement reached between Staff and Rodger Frey dated September 2, 2014;
AND WHEREAS the Commission is of the opinion that it is in the public interest to make this order;
IT IS ORDERED that the dates of September 8, 10, 11, 12, and 15, 2014 scheduled for the hearing on the merits are vacated.
DATED at Toronto this 3rd day of September, 2014.