Securities Law & Instruments

Ontario Securities Commission Bulletin (OSCB)



(published weekly on behalf of the OSC by Carswell)


Volume 33, Issue 2
-- January 15, 2010 --


Table of Contents


Chapter 1 Notices / News Releases 369
1.1 Notices 369
1.1.1 Current Proceedings Before The Ontario Securities Commission 369
1.1.2 Notice of Correction – IIROC Rules Notice – Notice of Approval – UMIR – Provisions Respecting Trading During Certain Securities Transactions 375
1.1.3 OSC Staff Notice 11-742 (Revised) – Securities Advisory Committee 376
1.2 Notices of Hearing (nil)
1.3 News Releases 377
1.3.1 Investor Warning – Weizhen Tang 377
1.4 Notices from the Office of the Secretary 377
1.4.1 Rezwealth Financial Services Inc. et al. 377
1.4.2 Paul Iannicca 378
1.4.3 Nest Acquisitions And Mergers and Caroline Frayssignes 378
1.4.4 IMG International Inc. et al. 379
1.4.5 Sulja Bros. Building Supplies, Ltd. et al. 379
1.4.6 Barry Landen 380
1.4.7 Peter Robinson and Platinum International Investments Inc. 380
1.4.8 Firestar Capital Management Corp. et al. 381
Chapter 2 Decisions, Orders and Rulings 383
2.1 Decisions 383
2.1.1 Gatehouse Capital Inc. et al. 383
2.1.2 Ark Fund Management Ltd. and the Mutual Funds Listed in Appendix “A” 386
2.1.3 HSBC Investment Funds (Canada) Inc. and HSBC Global Asset Management (Canada) Limited 391
2.1.4 Goodman & Company, Investment Counsel Ltd. 394
2.1.5 NexGen Financial Limited Partnership and the NexGen Mutual Funds 397
2.1.6 RBC Asset Management Inc. and Phillips, Hager & North Investment Management Ltd. 402
2.1.7 Nova Scotia Power Incorporated 405
2.1.8 Enerflex Systems Income Fund and Toromont Industries Ltd. 407
2.1.9 Petrobank Energy and Resources Ltd and PetroBakken Energy Ltd. 411
2.1.10 Alange Energy Corp. 414
2.1.11 Highwater Capital Management Corp. and Highwater Diversified Trust Fund 416
2.2 Orders 419
2.2.1 Rezwealth Financial Services Inc. et al. – ss. 127(1), 127(7), 127(8) 420
2.2.2 Paul Iannicca – s. 127 421
2.2.3 Nest Acquisitions And Mergers and Caroline Frayssignes – ss. 127(1), 127(8) 421
2.2.4 IMG International Inc. et al. – ss. 127(1), 127(8) 422
2.2.5 Sulja Bros. Building Supplies, Ltd. et al. 423
2.2.6 optionsXpress Canada Corp. – s. 80 of the CFA 425
2.2.7 Barry Landen – s. 127 427
2.2.8 Peter Robinson and Platinum International Investments Inc. 428
2.2.9 Firestar Capital Management Corp. et al. – s. 127 429
2.2.10 Hamilton Park Plaza Limited Partnership – s. 144 430
2.3 Rulings (nil)
Chapter 3 Reasons: Decisions, Orders and Rulings (nil)
3.1 OSC Decisions, Orders and Rulings (nil)
3.2 Court Decisions, Order and Rulings (nil)
Chapter 4 Cease Trading Orders 433
4.1.1 Temporary, Permanent & Rescinding Issuer Cease Trading Orders 433
4.2.1 Temporary, Permanent & Rescinding Management Cease Trade Orders 433
4.2.2 Outstanding Management & Insider Cease Trading Orders 433
Chapter 5 Rules and Policies (nil)
Chapter 6 Request for Comments (nil)
Chapter 7 Insider Reporting 435
Chapter 8 Notice of Exempt Financings 575
Reports of Trades Submitted on Forms 45-106F1 and 45-501F1 575
Chapter 9 Legislation (nil)
Chapter 11 IPOs, New Issues and Secondary Financings 583
Chapter 12 Registrations 589
12.1.1 Registrants 589
Chapter 13 SRO Notices and Disciplinary Proceedings 591
13.1.1 MFDA Issues Notice of Hearing Regarding Kent Westgard 591
13.1.2 MFDA Confirms Next Appearance in the Matter of ASL Direct Inc. and Adrian S. Leemhuis 592
13.1.3 MFDA Sets Date for Kent Westgard Hearing in Calgary, Alberta 592
13.1.4 MFDA Hearing Panel Reschedules Michael Johns Hearing 593
13.1.5 MFDA Reschedules Hearing in the Matter of David Irwin 593
Chapter 25 Other Information (nil)
Index 595