Proceedings

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IN THE MATTER OF
VICKY DANCHO (also known as JU HUANG)

NOTICE OF HEARING
(Subsections 127(1) and 127(10) of the Securities Act)


            TAKE NOTICE THAT the Ontario Securities Commission (the Commission) will hold a hearing pursuant to subsections 127(1) and 127(10) of the Securities Act, RSO 1990, c S.5 (the Act), at the offices of the Commission, 20 Queen Street West, 17th Floor, commencing on November 6, 2017 at 10:30 a.m., or as soon thereafter as the hearing can be held;

            TO CONSIDER whether, pursuant to subsection 127(1) and paragraphs 4 and 5 of subsection 127(10) of the Act, it is in the public interest for the Commission to make an order:

  1. against Vicky Dancho (also known as Ju Huang) (Dancho) that:
    1. pursuant to paragraph 2 of subsection 127(1) of the Act, trading in any securities or derivatives by Dancho cease permanently, except that she may trade securities through one account in her own name through a registrant if she first provides to the registrant a copy of the Order of the British Columbia Securities Commission (BCSC) dated February 16, 2017 (the BCSC Order), and a copy of the Order of the Commission in this proceeding, if granted;
    2. pursuant to paragraph 2.1 of subsection 127(1) of the Act, acquisition of any securities by Dancho cease permanently, except that she may purchase securities through one account in her own name through a registrant if she first provides to the registrant a copy of the BCSC Order, and a copy of the Order of the Commission in this proceeding, if granted;
    3. pursuant to paragraphs 7 and 8.1 of subsection 127(1) of the Act, Dancho resign any positions that she holds as a director or officer of any issuer or registrant;
    4. pursuant to paragraphs 8 and 8.2 of subsection 127(1) of the Act, Dancho be prohibited permanently from becoming or acting as a director or officer of any issuer or registrant; and
    5. pursuant to paragraph 8.5 of subsection 127(1) of the Act, Dancho be prohibited permanently from becoming or acting as a registrant, investment fund manager or promoter;
  2. or such other order or orders as the Commission considers appropriate.

            BY REASON of the allegations set out in the Statement of Allegations of Staff of the Commission dated October 23, 2017, and by reason of a Settlement Agreement between Dancho and the BCSC dated February 16, 2017, the BCSC Order, and such additional allegations as counsel may advise and the Commission may permit;

            AND TAKE FURTHER NOTICE that any party to the proceeding may be represented by a representative 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 the party and such party is not entitled to any further notice of the proceeding;

            AND TAKE FURTHER NOTICE that the Notice of Hearing is also available in French on request of a party, participation may be in either French or English and participants must notify the Secretary’s Office in writing as soon as possible, and in any event, at least thirty (30) days before a hearing if the participant is requesting a proceeding to be conducted wholly or partly in French; and

            ET AVIS EST ÉGALEMENT DONNÉ PAR LA PRÉSENTE que l'avis d'audience est disponible en français sur demande d’une partie, que la participation à l'audience peut se faire en français ou en anglais et que les participants doivent aviser le Bureau du secrétaire par écrit le plut tôt possible et, dans tous les cas, au moins trente (30) jours avant l'audience si le participant demande qu'une instance soit tenue entièrement ou partiellement en français.

            DATED at Toronto this 23rd day of October, 2017.



" Grace Knakowski "
Grace Knakowski
Secretary to the Commission