Proceedings

IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5, as amended
AND
IN THE MATTER OF DINO P. DELELLIS, WILLIAM R. KENNEDY
AND
THE HEIGHT OF EXCELLENCE FINANCIAL PLANNING GROUP INC.
NOTICE OF HEARING (Section 127)

TAKE NOTICE that the Ontario Securities Commission (the "Commission") will hold a hearing pursuant to section 127 of the Securities Act, R.S.O. 1990, c.S.5, as amended (the "Act") at its offices on the 8th floor, 20 Queen St. West, Toronto, Ontario commencing on Thursday, the 24th day of April, 1997 at 10:00a.m. or as soon thereafter as the hearing can be held;

 

TO CONSIDER:

(a) whether it is in the public interest to order, pursuant to clause 1 of section 127(1) of the Act, that the registration of Dino P. DeLellis ("DeLellis") besuspended or restricted for such period as is specified in the order or be terminated;

(b) whether it is in the public interest to order, pursuant to clause 3 of section 127(1) of the Act, that any of the exemptions contained in Ontario securities lawdo not apply to DeLellis or William R. Kennedy ("Kennedy") permanently or for such period as is specified in the order;

(c) whether it is in the public interest to order, pursuant to clause 1 of section 127(1) of the Act, that the registration granted to The Height of ExcellenceFinancial Planning Group Inc. ("FPG") be suspended or restricted for such period as is specified in the order or that terms and conditions be imposed on theregistration;

(d) whether it is in the public interest to order, pursuant to clause 4 of section 127(1) of the Act, that FPG submit to a review of its practices and procedures andinstitute such changes as may be ordered by the Commission;

(e) whether it is in the public interest to order, pursuant to clause 6 of section 127(1) of the Act, that FPG be reprimanded; and

(f) such further and other order as the Commission considers appropriate;

BY REASON OF the allegations set out in the Statement of Allegations of Staff of the Enforcement Branch of the Commission that the conduct of DeLellis,Kennedy and FPG was not in the public interest;

AND TAKE FURTHER NOTICE that any party to the proceeding may be represented by counsel if that party attends or submits evidence at the hearing;

AND TAKE FURTHER NOTICE that upon failure of any party to attend at the time and place aforesaid, the hearing may proceed in the absence of that partyand such party is not entitled to any further notice of the proceeding.

April 9th, 1997.

"Daniel P. Iggers"