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


ORDER



      WHEREAS on the 13th day of April, 2009, pursuant to subsections 127(1) and (5) of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”), the Ontario Securities Commission (the “Commission”) made the following temporary order (the “Temporary Order”) against M P Global Financial Ltd. (“MP Global”) and Joe Feng Deng also known as Feng Deng, Yue Wen Deng and Deng Yue Wen (“Deng”) (collectively the “Respondents”);
  1. pursuant to clause 2 of subsection 127(1) of the Act, that all trading of securities of MP Global shall cease;
  2. pursuant to clause 2 of subsection 127(1) of the Act, that trading by Deng and MP Global shall cease; and
  3. that pursuant to clause 3 of subsection 127(1) of the Act, that the exemptions contained in Ontario securities law do not apply to Deng and MP Global;
      AND WHEREAS by order dated April 27, 2009, the Commission extended the Temporary Order to May 26, 2009 and adjourned the hearing to May 25, 2009;

      AND WHEREAS on May 25, 2009, the Commission held a hearing;

      AND WHEREAS the Commission is of the opinion that it is in the public interest to make the following order;

      IT IS ORDERED on consent that this matter is adjourned to June 29, 2009 at 11:00 a.m. for a hearing to determine whether to further extend the Temporary Order and the Temporary Order be extended to the completion of the hearing on June 29, 2009.

      DATED at Toronto this 25th day of May, 2009


 
 
“James E. A. Turner”