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
SAGE INVESTMENT GROUP, C.A.D.E RESOURCES GROUP INC., GREENSTONE
FINANCIAL GROUP, FIDELITY FINANCIAL GROUP, ANTONIO CARLOS NETO
DAVID OLIVEIRA, and ANNE MARIE RIDLEY

ORDER
(Section 127 of the Securities Act)



    WHEREAS on February 1, 2012, the Commission issued a Notice of Hearing pursuant to sections 127 and 127.1 of the Ontario Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”) accompanied by a Statement of Allegations dated January 27, 2012, issued by Staff of the Commission (“Staff”) with respect to Sage Investment Group (“Sage”), C.A.D.E. Resources Group Inc. (“C.A.D.E.”), Greenstone Financial Group (“Greenstone”), Fidelity Financial Group (“Fidelity”), Antonio Carlos Neto David Oliveira (“Oliveira”), and Anne Marie Ridley (“Ridley”), (collectively, the “Respondents”);

    AND WHEREAS the Notice of Hearing stated that a hearing would be held at the offices of the Commission on February 9, 2012;

    AND WHEREAS on February 9, 2012, Staff confirmed that the Commission had received the affidavit of Charlene Rochman affirmed February 9, 2012, which indicated that the Notice of Hearing and Statement of Allegations were served on all Respondents personally, or through their counsel;

    AND WHEREAS on February 9, 2012, Staff and Ridley attended the hearing and made submissions, and Staff requested that a pre-hearing conference be scheduled in this matter;

    AND WHEREAS on February 9, 2012, the Commission ordered that a pre-hearing conference be scheduled for April 26, 2012 at 2:00 p.m.;

    AND WHEREAS on April 26, 2012, Staff and counsel for Oliveira, Greenstone and Fidelity attended before the Commission and no-one appeared on behalf of the remaining Respondents;

    AND WHEREAS on April 27, 2012, the Commission ordered that the hearing on the merits shall commence on January 23, 2013 and shall continue on January 24, 25, 30 and 31, 2013 from 10:00 a.m. to 4:00 p.m. or on such further or other dates as may be agreed to by the parties and fixed by the Office of the Secretary;

    AND WHEREAS on April 27, 2012, the Commission further ordered that a status hearing take place on June 13, 2012 at 10:00 a.m.;

    AND WHEREAS on June 13, 2012, Staff and Ridley attended before the Commission for a status hearing and no-one appeared on behalf of the remaining Respondents;

    AND WHEREAS the Commission ordered that the status hearing continue on September 12, 2012 at 9:00 a.m.;

    AND WHEREAS on September 12, 2012, Staff and counsel for Oliveira, Greenstone and Fidelity attended before the Commission and no-one appeared on behalf of the remaining Respondents;

    AND WHEREAS Staff advised the Commission that Ridley recently retained counsel and that counsel had requested that the status hearing be adjourned to permit him to familiarize himself with the matter;

    AND WHEREAS the Commission ordered that the status hearing continue on October 17, 2012;

    AND WHEREAS on October 17, 2012, Staff, Ridley and her counsel and counsel for Oliveira, Greenstone, Fidelity attended before the Commission and no-one appeared on behalf of the remaining Respondents;

    AND WHEREAS the parties in attendance consented to the adjournment of the status hearing until November 15, 2012;

    IT IS HEREBY ORDERED that the status hearing shall continue on November 15, 2012 at 9:00 a.m.

DATED at Toronto this 17th day of October, 2012.

 

" Edward P. Kerwin "
Edward P. Kerwin