Proceedings

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FILE NO.: 2018-54



IN THE MATTER OF
DANIEL P. REEVE

Timothy Moseley, Vice-Chair and Chair of the Panel

November 26, 2018

ORDER

(Subsections 127(1) and 127(10) of the
Securities Act, RSO 1990, c S.5)



WHEREAS the Ontario Securities Commission held a hearing in writing, to consider a request by staff of the Ontario Securities Commission (Staff) for an order imposing sanctions against Daniel P. Reeve (Reeve) pursuant to subsections 127(1) and 127(10) of the Securities Act, RSO 1990, c S.5 (the Act);

ON READING the Reasons for Judgment of the Ontario Superior Court of Justice (the OSCJ) dated October 13, 2017, and the Reasons for Sentence of the OSCJ dated June 22, 2018, with respect to Reeve, and on reading the materials filed by Staff;

IT IS ORDERED THAT:

  1. pursuant to paragraph 2 of subsection 127(1) of the Act, trading in any securities or derivatives by Reeve shall cease permanently;
  2. pursuant to paragraph 2.1 of subsection 127(1) of the Act, the acquisition of any securities by Reeve shall cease permanently;
  3. pursuant to paragraph 3 of subsection 127(1) of the Act, any exemptions contained in Ontario securities law shall not apply to Reeve permanently;
  4. pursuant to paragraphs 7, 8.1 and 8.3 of subsection 127(1) of the Act, Reeve shall resign any positions that he holds as a director or officer of any issuer or registrant;
  5. pursuant to paragraphs 8, 8.2 and 8.4 of subsection 127(1) of the Act, Reeve is prohibited permanently from becoming or acting as a director or officer of any issuer or registrant; and
  6. pursuant to paragraph 8.5 of subsection 127(1) of the Act, Reeve is prohibited permanently from becoming or acting as a registrant or promoter.


" Timothy Moseley "
Timothy Moseley