Proceedings


Before the Commission


Under section 127 of the Securities Act (Ontario), the OSC can initiate proceedings against individuals or companies (the respondents) suspected of violating securities law or acting contrary to the public interest.

A proceeding is initiated when a notice of hearing is issued and a statement of allegations is filed. It is heard before an administrative tribunal of the Commission. The Commission can impose sanctions such as financial penalties and bans on trading and other activities in the capital markets.

For documents relating to open and completed proceedings, see All Commission Proceedings.

OSC tribunal reasons issued since 2004 are also available free of charge on the Canadian Legal Information Institute website (CanLII).

Commission hearings are generally open to the public. They are held at the OSC’s offices:

Ontario Securities Commission
20 Queen Street West
17th floor
Toronto, ON
M5H 3S8

Upcoming Proceedings

Date and Time Proceeding Information
Page 1 of 1
June 21, 2019
10:00 AM

July 16-17, 2019
10:00 AM
El-Bouji, Issam,
Section: 127(1) and (2) and 127.1
Panel: D. Grant Vingoe
Note: D. Ferris in attendance for Staff
June 24, 2019
10:00 AM

First Global Data Ltd., Global Bioenergy Resources Inc., Alli, Nayeem , Aziz, Maurice , Bajaj, Harish , Itwaru, Andre ,
Section: 127 and 127.1
Panel: D. Grant Vingoe
Note: M. MacKewn in attendance for Staff
June 27, 2019
10:00 AM

June 28, 2019
10:00 AM

Money Gate Mortgage Investment Corporation, Money Gate Corp., Katebian, Morteza, Katebian, Payam,
Section: 127(1) and 127.1
Panel: Timothy Moseley/M. Cecilia Williams/Lawrence P. Haber
Note: J. Gibson / D. Emami in attendance for Staff
July 11, 2019
10:00 AM

August 1-2, 7-9, 12, 15-16, 19-20, 22-23 and 27-28, 2019

10:00 AM
Caldwell Investment Management Ltd.,
Section: 127(1) and (2) and 127.1
Panel: D. Grant Vingoe
Note: D. Ferris in attendance for Staff
July 15, 2019
10:00 AM

Kitmitto, Majd , Vannatta, Steven , Candusso, Claudio , Candusso, Christopher , Goss, Donald Alexander (Sandy), Fielding, John , Fakhry, Frank ,
Section: 127(1) and 127.1
Panel: M. Cecilia Williams
Note: K. Gustafson/J Lynch/M. Britton in attendance for Staff
July 24, 2019
10:00 AM

3iQ Corp., The Bitcoin Fund,
Section: 8
Panel: Lawrence P. Haber
Note:  A. Qian/M. Vaillancourt in attendance for Staff
August 12, 2019
10:00 AM

BDO Canada LLP,
Section: 127(1) and 127.1
Panel: Timothy Moseley
Note: A. Huculak / R. Gain in attendance for Staff
August 21, 2019
10:00 AM

Debus, Joseph ,
Section: 8 and 21.7
Panel: M. Cecilia Williams
Note: K. Gustafson in attendance for Staff
August 21, 2019
10:00 AM

Paramount Equity Financial Corporation, Silverfern Secured Mortgage Fund, Silverfern Secured Mortage Limited Partnership, GTA Private Capital Income Fund, GTA Private Capital Income Limted Partnership, Silverfern GP Inc., Paramount Alternative Capital Corporation, PACC Ainslie Corporation, PACC Costigan Corporation, PACC Crystallina Corporation, PACC Dacey Corporation, PACC Goulais Corporation, PACC Harriet Corporation, PACC Major Mack Corporation, PACC Maple Corporation, PACC Mulcaster Corporation, PACC Regent Corporation, PACC Scugog Corporation, PACC Sechelt Corporation, PACC Shaver Corporation, PACC Simcoe Corporation, PACC Thorold Corporation, PACC Wilson Corporation, Trilogy Mortgage Group Inc., Trilogy Equities Group Limited Partnership, Ruttenberg, Marc, Burdon, Ronald Bradley, Laverty, Matthew,
Section: 127(1) and 127.1
Panel: D. Grant Vingoe
Note: J. Lynch / P. Le Vay in attendance for Staff
October 4, 2019
1:00 PM

MOAG Copper Gold Resources Inc., Brown, Gary , Jones, Bradley,
Section: 127(1) and 127.1
Panel: Timothy Moseley
Note: A. Huculak in attendance for Staff
November 4, 2019
10:00 AM

November 5, 6, 8 & 11-14, 2019
10:00 AM
MOAG Copper Gold Resources Inc., Brown, Gary , Jones, Bradley,
Section: 127(1) and 127.1
Panel: Timothy Moseley
Note:

A. Huculak in attendance for Staff