Proceedings

PDF Version
PDF Version




IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c.S.5, AS AMENDED

– and –

IN THE MATTER OF M P GLOBAL FINANCIAL LTD.,
AND JOE FENG DENG


NOTICE OF HEARING
(Section 127(1) and Section 127(7))



      WHEREAS on the 13th day of April, 2009, the Ontario Securities Commission (the “Commission”) ordered;
  1. pursuant to clause 2 of subsection 127(1) of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”) that all trading in securities of M P Global Financial Ltd. (“MP Limited”) shall cease;
  2. pursuant to clause 2 of subsection (1) of the Act that all trading by Joe Feng Deng also known as Feng Deng, Yue Wen Deng and Deng Yue Wen (“Deng”) shall cease; and
  3. pursuant to clause 3 of subsection 127(1) of the Act that exemptions contained in Ontario securities law do not apply to Deng and MP Limited;
      AND WHEREAS the Commission further ordered as part of the Temporary Order that, pursuant to subsection 127(6) of the Act, the Temporary Order shall take effect immediately and shall expire on the fifteenth day after its making unless extended by the Commission;

      TAKE NOTICE that the Commission will hold a hearing pursuant to sections 127(1) and 127(7) of the Act at its offices at 20 Queen Street West, 17th Floor, Hearing Room B, on Monday, the 27th day of April, 2009 at 2:00 p.m. or as soon thereafter as the hearing can be held;

      TO CONSIDER whether, pursuant to sections 127(1) and 127(7) of the Act, it is in the public interest for the Commission to:
  1. extend the Temporary Order made April 13, 2009 until the conclusion of the hearing in this matter, pursuant to section 127(7) of the Act or until such other time as ordered by the Commission; and
  2. to make such further orders as the Commission deems appropriate;
      BY REASON of the facts cited in the Temporary Order and such further additional allegations as counsel may advise and the Commission may permit;

      AND TAKE FURTHER NOTICE that any party to the proceedings may be represented by counsel at the hearing;

      AND TAKE FURTHER NOTICE that upon failure of any party to attend at the time and place aforesaid, the hearing may proceed in the absence of that party and such party is not entitled to any further notice of the proceeding.

      DATED at Toronto, this 14th day of April, 2009.


" John Stevenson "
John Stevenson
Secretary to the Commission