Proceedings

Notice from the
Office of the Secretary

Ontario

Ontario
Securities
Commission


20 Queen St. W.
22nd Floor
Toronto, ON M5H 3S8
Commission des
valeurs mobilières
de l'Ontario
FOR IMMEDIATE RELEASE

June 27, 2013


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

- AND -

IN THE MATTER OF PRO-FINANCIAL ASSET MANAGEMENT INC.



TORONTO – The Commission issued an Order in the above matter, which provides that pursuant to subsection 127(8) of the Act:

  1. The Temporary Order is extended to July 15, 2013;
  2. The affidavit of Michael Denyszyn sworn May 24, 2013 will not be marked as an exhibit at this time but will be received as an exhibit at the hearing on July 12, 2013 in the absence of a Commission order to the contrary; and
  3. The hearing to consider whether to: (i) further extend or vary the terms of the Temporary Order; (ii) make any further order as to PFAM’s registration; (iii) review PFAM’s plan for a sale of PFAM’s assets; and/or (iv) consider whether to order PFAM to deliver the final PPN reconciliation report to Staff, will proceed on July 12, 2013 at 10:00 a.m.

A copy of the Order dated June 26, 2013 is available at www.osc.gov.on.ca

 

OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY

 

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