Proceedings

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

AND

IN THE MATTER OF ANIL KUMAR JAIN

NOTICE OF HEARING
(Section 127)



      TAKE NOTICE THAT the Ontario Securities Commission (the “Commission”) will hold a hearing pursuant to sections 127 and 127.1 of the Securities Act, R.S.O. 1990, c.S.5, as amended (the “Act”) at the offices of the Commission, 20 Queen Street West, 17th Floor, Large Hearing Room, commencing on June 9, 2008 at 2:00 p.m. or as soon thereafter as the hearing can be held;

      AND TAKE NOTICE the purpose of the hearing is to consider whether it is in the public interest to approve the settlement of the proceeding entered into between Staff of the Commission (“Staff”) and the Respondent, Anil Kumar Jain, pursuant to section 127 of the Act;

      BY REASON OF the allegations set out in the Statement of Allegations of Staff and such additional allegations as counsel may advise and the Commission may permit;

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

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

      DATED at Toronto this 30th day of May, 2008


" Nancy Makepeace "

per:
John Stevenson
Secretary to the Commission