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

July 19, 2013


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

- AND -

IN THE MATTER OF
CHILDREN’S EDUCATION FUNDS INC.



TORONTO – The Commission issued an Order in the above named matter pursuant to section 127 of the Act which provides that:

  1. paragraphs 4, 5, 6, 7, 8, 9, 10 and 11 of the Terms and Conditions are deleted;
  2. paragraph 12 of the Terms and Conditions is deleted and replaced with “12.1 CEFI is prohibited from opening any new branch locations unless the Consultant has provided a letter in writing to the OSC Manager, in respect of each proposed new branch location, confirming that the new branch location has a suitable branch manager and that CEFI has sufficient compliance resources to oversee the proposed new branch location.”;
  3. the Temporary Order is extended to August, 28, 2013; and
  4. the hearing in this matter is adjourned to August 26, 2013 at 10:00 a.m.

A copy of the Order dated July 19, 2013 is available at www.osc.gov.on.ca

 

OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY

 

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