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
SWIFT TRADE INC. AND PETER BECK,


ORDER
(Section 127)



      WHEREAS on December 7, 2007, the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing and a Statement of Allegations pursuant to section 127 of the Securities Act, R.S.O. 1990, c. S.5, as amended, in respect of the respondents, Swift Trade Inc. and Peter Beck (collectively, the “Respondents”);

      AND WHEREAS on January 18, 2008, Staff of the Commission (“Staff”) and counsel for the Respondents attended before the Commission for a first appearance on this matter;

      AND WHEREAS the hearing was adjourned to Wednesday, March 5, 2008 at 10:00 a.m. to be spoken to, or such other date as may be agreed to by the parties and fixed by the Secretary to the Commission;

      AND WHEREAS Staff has requested and the Respondents have consented to the further adjournment of this matter to April 16, 2008 at 10:00 a.m.;

      AND WHEREAS the hearing was adjourned to April 16, 2008 at 10:00 a.m. to be spoken to, or such other date as may be agreed to by the parties and fixed by the Secretary to the Commission;

      AND WHEREAS Staff has requested and the Respondents have consented to the further adjournment of this matter to June 12, 2008 at 10:00 a.m.;

      IT IS HEREBY ORDERED that:
  1. the hearing is adjourned on the consent of Staff and the Respondents to be spoken to on, June 12, 2008 at 10:00 a.m.; and
  2. on June 12, 2008, the parties shall present to the Commission agreed upon hearing dates and a plan of proceedings, including a list of any anticipated prehearing conferences or motions to be heard in advance of the commencement of the hearing on the merits.
      DATED at Toronto this 16th day of April, 2008.


" Lawrence E. Ritchie "
Lawrence E. Ritchie
" Suresh Thakrar "
Suresh Thakrar