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 21, 2012


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

- AND -

IN THE MATTER OF NORTHERN SECURITIES INC., VICTOR PHILIP ALBOINI,
DOUGLAS MICHAEL CHORNOBOY AND FREDERICK EARL VANCE

- AND -

IN THE MATTER OF DECISIONS OF A HEARING PANEL OF THE INVESTMENT
INDUSTRY REGULATORY ORGANIZATION OF CANADA DATED JULY 23, 2012 and
NOVEMBER 10, 2012



TORONTO – The Commission issued an Order in the above named matter, which provides that, (1) pursuant to section 21.7 and subsection 8(4) of the Act, the sanctions and penalties imposed by the IIROC Hearing Panel are stayed until December 18, 2012, or further order of the Commission; and (2) the Stay Motion is otherwise adjourned to December 17, 2012 at 11:00 a.m., or such other date and time as is agreed by the parties and fixed by the Office of the Secretary.

A copy of the Order dated November 19, 2012 is available at www.osc.gov.on.ca

 

OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY

 

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