Securities Law & Instruments

Ontario Securities Commission Bulletin (OSCB)



(published weekly on behalf of the OSC by Carswell)


Volume 33, Issue 3
-- January 22, 2010 --


Table of Contents


Chapter 1 Notices / News Releases 599
1.1 Notices 599
1.1.1 Current Proceedings Before The Ontario Securities Commission 599
1.1.2 OSC Staff Notice 33-733 – Report on Focused Reviews of Investment Funds, September 2008 – September 2009 604
1.1.3 Notice of Ministerial Approval of Amendments to NI 21-101 Marketplace Operation and NI 23-101 Trading Rules 605
1.2 Notices of Hearing 605
1.2.1 Nest Acquisitions and Mergers et al. – ss. 37, 127, 127.1 605
1.3 News Releases 609
1.3.1 Peter Robinson Sentenced to Four Months in Jail for Contempt 609
1.3.2 OSC Reports on focused Reviews of Investment Funds 609
1.4 Notices from the Office of the Secretary 610
1.4.1 New Life Capital Corp. et al. 610
1.4.2 Coventree Inc. et al. 610
1.4.3 W.J.N. Holdings Inc. et al. 611
1.4.4 Abel Da Silva 611
1.4.5 Shallow Oil & Gas Inc. et al. 612
1.4.6 Nest Acquisitions and Mergers et al. 612
Chapter 2 Decisions, Orders and Rulings 613
2.1 Decisions 613
2.1.1 Meritas Financial Inc. et al. 613
2.1.2 Counsel Portfolio Services Inc. et al. 615
2.1.3 Goodman & Company, Investment Counsel Ltd. and Dynamic Venture Opportunities Fund Ltd. 618
2.1.4 I.C.T.C. Holdings Corporation – s. 1(10) 619
2.1.5 Mecachrome International Inc. 620
2.1.6 Claymore Investments, Inc. et al. 622
2.1.7 Roxmark Mines Limited – s. 1(10) 628
2.1.8 Canadian Zinc Corporation 629
2.1.9 Verenex Energy Inc. – s. 1(10) 631
2.1.10 Gazit America Inc. 632
2.2 Orders 634
2.2.1 New Life Capital Corp. et al. – s. 127 634
2.2.2 Coventree Inc. et al. – s. 127 636
2.2.3 W.J.N. Holdings Inc. et al. – ss. 127(1), 127(8) 636
2.2.4 Abel Da Silva – ss. 127, 127.1 637
2.2.5 Shallow Oil & Gas Inc. et al. – ss. 127(1), 127(8) 639
2.2.6 Borealis International Inc. et al. 641
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 643
4.1.1 Temporary, Permanent & Rescinding Issuer Cease Trading Orders 643
4.2.1 Temporary, Permanent & Rescinding Management Cease Trade Orders 643
4.2.2 Outstanding Management & Insider Cease Trading Orders 643
Chapter 5 Rules and Policies 645
5.1.1 Notice of National Instrument 55-104 Insider Reporting Requirements and Exemptions and Related Companion Policy 55-104CP and Repeal of Related Predecessor Instruments 645
5.1.2 OSC Rule 13-502 Fees and Companion Policy 13-502CP Fees 721
5.1.3 OSC Rule 13-503 (Commodity Futures Act) Fees and Companion Policy 13-503CP (Commodity Futures Act) Fees 776
5.1.4 Amendments to NI 21-101 Marketplace Operation, NI 23-101 Trading Rules and Companion Policy 23-101CP Trading Rules 787
Chapter 6 Request for Comments (nil)
Chapter 7 Insider Reporting 805
Chapter 8 Notice of Exempt Financings 917
Reports of Trades Submitted on Forms 45-106F1 and 45-501F1 917
Chapter 9 Legislation (nil)
Chapter 11 IPOs, New Issues and Secondary Financings 625
Chapter 12 Registrations 933
12.1.1 Registrants 933
Chapter 13 SROs, Marketplaces, and Clearing Agencies 935
13.1 SROs 935
13.1.1 MFDA Sets Hearing Dates in the Matter of The Investment House of Canada Inc., Sanjiv Sawh and Vlad Trkulja 935
13.1.2 MFDA Hearing Panel Issues Reasons for Decision with Respect to Douglas St. Arnault Settlement Hearing 935
13.1.3 MFDA Issues Notice of Hearing Regarding Connor Financial Corporation and Joel Gerrett (Gerry) Connor 936
13.1.4 MFDA Sets Date for Luc Laverdiere Hearing in Vancouver, British Columbia 938
13.1.5 MFDA Hearing Panel Makes Findings Against Daniel Moyaert 938
13.1.6 MFDA Sets Dates for ASL Direct Inc. and Adrian Leemhuis Hearing on the Merits 939
13.2 Marketplaces 940
13.2.1 TSX Inc. – Proposed Changes to the Operations of TSX Inc. to Introduce Two New Order Features: Post Only Order and Self-Trade Prevention – Notice and Request For Feedback 940
13.2.2 TSX Inc. – Notice of Proposed Changes 941
13.2.3 Notice and Request for Feedback – Proposed Changes to the Operations of Alpha ATS L.P., Passive Only Order Type, Odd Lot Orders and Bypass Cross 945
13.2.4 Alpha ATS L.P. – Notice of Proposed Changes 946
13.3 Clearing Agencies (nil)
Chapter 25 Other Information 949
25.1 Consents 949
25.1.1 JG Capital Corp. – s. 4(b) of the Regulation 950
25.2 Approvals 950
25.2.1 Northern Rivers Capital Management Inc. – s. 213(3)(b) of the LTCA 950
Index 951