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

October 30, 2013


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

- and -

IN THE MATTER OF
JEROME JOHN RAK



TORONTO – The Commission issued an Order pursuant to Subsections 127(1) and 127(10) of the Act in the above matter which provides that,

(a) pursuant to paragraph 2 of subsection 127(1) of the Act, trading in any securities by Rak of any reporting issuer with which he is in a special relationship shall cease until December 8, 2021;

(b) pursuant to paragraph 7 of subsection 127(1) of the Act, Rak shall resign any positions that he holds as a director of officer of any reporting issuer; and

(c) pursuant to paragraph 8 of subsection 127(1) of the Act, Rak is prohibited from becoming or acting as a director or officer of any reporting issuer until December 8, 2016.

A copy of the Order dated October 29, 2013 is available at www.osc.gov.on.ca

 

OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY

 

- 30 -

 

For media inquiries:
media_inquiries@osc.gov.on.ca
   
Carolyn Shaw-Rimmington
Manager, Public Affairs
416-593-2361

Aly Vitunski
Senior Media Relations Specialist
416-593-8263

Alison Ford
Media Relations Specialist
416-593-8307

For Investor Inquiries:     OSC Contact Centre
416-593-8314
1-877-785-1555 (Toll Free)