Proceedings

Notice from the
Office of the Secretary

Ontario Crest

Ontario
Securities
Commission


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

September 19, 2014


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

- AND –

IN THE MATTER OF
ERNST & YOUNG LLP
(Audits of Sino-Forest Corporation and Zungui Haixi Corporation)



TORONTO – The Office of the Secretary of the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing today for a hearing to consider whether it is in the public interest for the Commission to approve a Settlement Agreement entered into by Staff of the Commission and Ernst & Young LLP in the above matters. OSC Staff will make submissions at the hearing as to the terms of the settlement and why approving the settlement would be in the public interest. The Settlement Agreement was entered into on a no contest basis.

The hearing will be held on September 30, 2014 at 10:00 a.m. in Hearing Room D on the 17th floor of the Commission’s office located at 20 Queen Street West, Toronto.

A copy of the Notice of Hearing dated September 19, 2014 is available at www.osc.gov.on.ca.


OFFICE OF THE SECRETARY
JOSÉE TURCOTTE
ACTING SECRETARY

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