20 Queen St. W.
Box 55, Suite 1900
Toronto, ON M5H 3S8
FOR IMMEDIATE RELEASE
January 20, 2004
NOTICE FROM THE OFFICE OF THE SECRETARY, OSC
IN THE MATTER OF
PATRICK FRASER KENYON PIERREPONT LETT,
MILEHOUSE INVESTMENT MANAGEMENT LIMITED
and PIERREPONT TRADING INC.
TORONTO - In the Matter of Patrick Fraser Kenyon Pierrepont Lett, Milehouse Investment Management Limited and Pierrepont Trading Inc., the Panel has requested that counsel re-attend to make submissions on the following issues:
1. In the Amended Statement of Allegations, it is alleged that the Respondents, Patrick Lett and his companies, traded in securities without being registered contrary to section 25(1)(a) of the Securities Act. What are the "securities" Staff alleges were being traded? and
2. Having regard to submissions made in response to the first question above, was there "trading" by the Respondents and was such trading in Ontario?
Staff and Counsel for Lett, Milehouse and Pierrepont will appear before the Commission to make submissions on these issues on January 29, 2004 at 10:00 a.m.
OFFICE OF THE SECRETARY
JOHN P. STEVENSON
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