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

UPDATE as of July 31, 2020 - The Ontario Securities Commission (OSC) is taking all necessary precautions to protect the health and safety of its employees and the public as we respond to challenges due to COVID-19. The OSC will not be holding in-person hearings until further notice. In the meantime, the Office of the Secretary will reach out to parties with hearings scheduled up to and including November 30, 2020 to determine if a hearing may proceed via videoconference, teleconference or in writing should an in-person hearing still not be possible. 
 
A member of the media or public who wishes to observe a videoconference hearing may select the “Register to attend” link below on the hearing date and time indicated. A member of the media or public who wishes to hear a teleconference hearing may email their request to the Registrar at registrar@osc.gov.on.ca at least two business days in advance of the hearing, indicating their name, email address and the hearing they wish to hear. The Registrar will provide the requestor with dial-in information on how to hear the proceeding. Requests received less than two business days in advance of the teleconference hearing may not be able to be accommodated. The Secretary’s Office will update the upcoming proceedings below as more information is made available.


 

Date and Time Proceeding Information
Page 1 of 2Next » 
November 30, 2020
9:00 AM

By teleconference

Marrone, Aurelio,
Section: 127(1) and 127.1
Panel: Lawrence P. Haber
Note: G. MacKenzie in attendance for Staff
November 30, 2020
10:00 AM

December 1-2,4,7, 9-11, 2020

10:00 AM

By videoconference

Register to attend

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, Heather Zordel, Craig Hayman
Note: K. Gustafson / C. Galbraith in attendance for Staff
December 2, 2020
10:00 AM

December 3-4, 7, 9-11, 14-18, 2020, January 7, 8 & 11-15, 2021
10:00 AM

By videoconference

Register to attend

First Global Data Ltd., Global Bioenergy Resources Inc., Alli, Nayeem , Aziz, Maurice , Bajaj, Harish , Itwaru, Andre ,
Section: 127 and 127.1
Panel: Timothy Moseley, Lawrence Haber, Mary Anne De Monte-Whelan
Note: M. Bailey/C. Pettypiece in attendance for Staff
December 3, 2020
9:00 AM

By teleconference

Rosborough, Trevor , Carr, Taylor , Graham, Dmitri,
Section: 127(1) and 127.1
Panel: Timothy Moseley
Note:

Note: V. Lee in attendance for Staff

December 3, 2020
10:00 AM

By teleconference

Cartu, Joshua , Cartu, David , Cartu, Jonathan,
Section: Section: 127(1) and 127.1
Panel: M. Cecilia Williams
Note: Note: R. Morzaria in attendance for Staff
December 4, 2020
10:00 AM

By teleconference

Eley, Douglas John,
Section: Section: 8 and 21.7
Panel: Wendy Berman
Note: G. MacKenzie / A. Matushenko in attendance for Staff
December 7, 2020
10:00 AM

By teleconference

Solar Income Fund Inc., Grossman, Allan, Mazzacato, Charles , Kadonoff, Kenneth,
Section: 127(1) and 127.1
Panel: Timothy Moseley
Note: A.Faith / D. Ferris / R. Lapensee in attendance for Staff
December 7, 2020
2:00 PM

Paolucci, Dino,
Section: 127(1) and 127(10)
Panel: Wendy Berman
Note: Note: V. Lee in attendance for Staff
December 16, 2020
9:00 AM

Miller, David Randall,
Section: 127(1) and 127.1
Panel: To be announced
Note: C. Galbraith in attendance for Staff
January 7, 2021
9:00 AM

By teleconference

VRK Forex & Investments Inc. , Namburi, Radhakrishna ,
Section: Section: 127(1) and 127.1
Panel: Wendy Berman
Note: G. MacKenzie/V. Lee in attendance for Staff
January 14-15, 2021
10:00 AM

By videoconference

Eley, Douglas John,
Section: Section: 8 and 21.7
Panel: To be announced
Note: G. MacKenzie / A. Matushenko in attendance for Staff
January 18, 2021
10:00 AM

January 19, 21, 22, 25, 26, 28 & 29, 2021

10:00 AM

Miller, David Randall,
Section: 127(1) and 127.1
Panel: To be announced
Note: C. Galbraith in attendance for Staff
January 27-28, 2021
10:00 AM

By videoconference

Debus, Joseph ,
Section: 8 and 21.7
Panel: M. Cecilia Williams
Note:

G. MacKenzie in attendance for Staff

February 1, 2020
10:00 AM

By videoconference

February 3, 4, 5, 8, 9, 10, 11 &12, 2021

By videoconference

VRK Forex & Investments Inc. , Namburi, Radhakrishna ,
Section: Section: 127(1) and 127.1
Panel: To be announced
Note: G. MacKenzie/V. Lee in attendance for Staff
February 1, 2021
10:00 AM

Miner Edge Inc. , Miner Edge Corp. , Handa, Rakesh,
Section: 127(1) and 127.1
Panel: Lawrence P. Haber
Note: K. Gustafson in attendance for Staff