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 GOLDBRIDGE FINANCIAL INC.,
WESLEY WAYNE WEBER AND SHAWN C. LESPERANCE

ORDER
Section 127(1) & 127(2)



      WHEREAS on October 10, 2008 the Commission issued a temporary order pursuant to section 127(5) of the Act that all trading in securities by Goldbridge Financial Inc. (“Goldbridge”), Wesley Wayne Weber (“Weber”) and Shawn C. Lesperance (“Lesperance”) shall cease, and that the exemptions contained in Ontario securities law do not apply to Goldbridge, Weber and Lesperance (the “Temporary Order”);

      AND WHEREAS the Temporary Order expired on the fifteenth day after its making unless extended by the Commission;

      AND WHEREAS the Commission held a hearing on October 28, 2008 at which a further order was sought pursuant to subsection 127(1) of the Act, prohibiting the Respondents from trading for a period of at least four months to permit further investigation by Staff;

      AND WHEREAS Staff of the Commission and Weber and Lesperance appeared and made submissions at the hearing;

      AND WHEREAS the Commission is of the opinion that it is in the public interest to make this Order:

      IT IS ORDERED pursuant to clause 2 of subsection 127(1) of the Act that all trading in securities by Goldbridge, Weber and Lesperance shall cease, subject to the exception below;

      IT IS FURTHER ORDERED notwithstanding the foregoing order, Goldbridge may trade solely as principal in one account (“the account”) in accordance with the following conditions:
  1. the account shall be at E*TRADE Canada (“E*Trade”);
  2. the account shall be in the name of Goldbridge Financial Inc.;
  3. the account shall contain only funds belonging to Goldbridge contributed by Weber or Lesperance, and shall not be used directly or indirectly to trade on behalf of any other person or company;
  4. Goldbridge shall provide Staff with particulars of the account, including the account number, within 7 days of the date of this Order;
  5. Goldbridge shall instruct E*Trade to provide copies of all trade confirmation notices with respect to the account directly to Staff at the same time that such notices are provided to Goldbridge;
  6. securities traded in the account shall consist solely of securities listed or quoted on the New York Stock Exchange (“NYSE”) or the National Association of Securities Dealers Automated Quotations (“NASDAQ”); and
  7. the Respondents shall immediately take steps to remove from the internet all advertising and postings on behalf of the Respondents offering to provide investment services and lessons in day trading;

      IT IS FURTHER ORDERED that Staff may apply to the Commission to vary this Order at any time if Staff concludes that it is in the public interest to do so;

      IT IS FURTHER ORDERED that this Order shall expire at the close of business on January 20, 2009, unless it is extended by the Commission, and this matter shall be adjourned to January 19, 2009, at 10:00 a.m.

      Dated at Toronto this 28th day of October, 2008


“James Turner”
James Turner
“Paulette Kennedy”
Paulette Kennedy