Proceedings

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IN THE MATTER OF
FARHANG (FRED) DAGOSTAR NIKOO

 

Heather Zordel, Commissioner and Chair of the Panel

File No. 2019-36

 

November 27, 2019

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 whether it is in the public interest to make an order against Farhang (Fred) Dagostar Nikoo (Nikoo) pursuant to subsections 127(1) and 127(10) of the Securities Act, RSO 1990, c S.5 (the Act), as requested in the Statement of Allegations filed by Staff of the Commission (Staff) on October 2, 2019;

ON READING the materials filed by Staff, including the Settlement Agreement and Undertaking between Nikoo and the Alberta Securities Commission dated February 15, 2019, and no one participating for Nikoo, although properly served as indicated the Affidavit of Service of Michelle Spain sworn on October 7, 2019;

IT IS ORDERED THAT, pursuant to paragraph 8.5 of subsection 127(1) of the Act, Nikoo is prohibited from becoming or acting as a registrant until February 15, 2029.

 
" Heather Zordel "
Heather Zordel