Proceedings

Notice from the
Office of the Secretary
Ontario

Ontario Securities
Commission


20 Queen St. W.
Box 55, Suite 1900
Toronto, ON M5H 3S8
Commission des valeurs mobilières de l'Ontario
FOR IMMEDIATE RELEASE

November 9, 2012


IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c. S.5, AS AMENDED

- AND -

IN THE MATTER OF MBS GROUP (CANADA) LTD., BALBIR AHLUWALIA AND
MOHINDER AHLUWALIA



TORONTO – Upon considering the Agreed Statement of Facts filed jointly by Staff of the Commission, MBS Group (Canada) Ltd. and Balbir Ahluwalia on October 31, 2012 during the hearing on the merits, the Panel has issued its Decision in the above named matter.

A sanctions hearing will take place on January 10 and 11, 2013 at 10:00 a.m.

A copy of the Decision dated November 5, 2012 and the Agreed Statement of Facts and Respondents’ Admissions are available at www.osc.gov.on.ca

 

OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY

 

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