Proceedings

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

and

IN THE MATTER OF PALADIN CAPITAL MARKETS INC. ,
JOHN DAVID CULP, AND CLAUDIO FERNANDO MAYA
NOTICE OF WITHDRAWAL



WHEREAS on June 9, 2010, Staff of the Ontario Securities Commission (“Staff” and the “Commission”, respectively) filed a Statement of Allegations pursuant to section 127(1) of the Securities Act, R.S.O. 1990, c. S.5, as amended;

AND WHEREAS on June 10, 2009, the Commission issued a Notice of Hearing for a hearing on July 19, 2010 to consider whether it is in the public interest to approve a settlement agreement entered into by Staff and the respondents, Paladin Capital Markets Inc. and John David Culp;

AND WHEREAS John David Culp died on or about July 17, 2010;

TAKE NOTICE that Staff withdraw the allegations against John David Culp.

 

Dated at Toronto this 3rd day of August 2010

STAFF OF THE ONTARIO SECURITIES COMMISSION
20 Queen Street West
PO Box 55, 19th Floor
Toronto, ON M5H 3S8

Cullen Price
Litigation Counsel