Proceedings

Notice from the
Office of the Secretary

Ontario Crest

Ontario
Securities
Commission


20 Queen St. W.
22nd Floor
Toronto, ON M5H 3S8
Commission des
valeurs mobilières
de l'Ontario
FOR IMMEDIATE RELEASE

May 31, 2017


IN THE MATTER OF
QUADREXX HEDGE CAPITAL MANAGEMENT LTD.,
QUADREXX SECURED ASSETS INC., MIKLOS NAGY AND TONY SANFELICE



TORONTO – The Commission issued an Order in the above named matter which provides that:

  1. This matter is adjourned to a further confidential pre-hearing conference on August 22, 2017 at 10:00 a.m., or such other date as may be agreed to by the parties and set by the Office of the Secretary;
  2. The Respondents shall serve and file their written submissions on sanctions and costs by no later than July 31, 2017;
  3. Staff shall serve and file Staff's reply submissions, if any, by no later than August 30, 2017;
  4. The hearing on sanctions and costs shall be held on October 24, 25 and 26, 2017, at 10:00 a.m., or such other dates as may be agreed to by the parties and set by the Office of the Secretary; and
  5. The pre-hearing conference date of July 26, 2017 and the hearing date of August 23, 2017, are vacated.

The pre-hearing conference will be held in camera.

A copy of the Order dated May 30, 2017 is available at www.osc.gov.on.ca.

OFFICE OF THE SECRETARY
GRACE KNAKOWSKI
SECRETARY TO THE COMMISSION


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