Proceedings

IN THE MATTER OF THE SECURITIES ACT,
R.S.O 1990, CHAPTER S.5, AS AMENDED (the Act)
AND
IN THE MATTER OF
JOSEPH MARCEL DENIS ROCHON
ORDER
(Section 127 (1))

WHEREAS Joseph Marcel Denis Rochon (the "Registrant") is registered under the Act and under the Securities Act (Manitoba) (the "Manitoba Act") as amutual fund salesperson employed by Manulife Securities International Ltd. ("MSIL"), a mutual fund dealer registered under the Act and the Manitoba Act;

AND WHEREAS the Manitoba Securities Commission ("MSC") issued a Notice of Hearing, dated November 20, 1997, to consider whether it was in thepublic interest to suspend the registration of the Registrant under the Manitoba Act;

AND WHEREAS on January 19, 1998, the MSC and the Registrant entered into a settlement agreement in which the Registrant acknowledged that he violatedthe expected standard of conduct required of a registrant under the Manitoba Act;

AND WHEREAS National Policy No. 17 provides that violations of the securities laws of any jurisdiction may be considered to be prejudicial to the publicinterest in Ontario and may affect a registrant's fitness for continued registration under the Act;

AND WHEREAS the Ontario Securities Commission is of the opinion that it is in public interest to make this Order;

AND UPON the consent of the Registrant and MSIL.

IT IS ORDERED, pursuant to paragraph 127 (1) 1 of the Act that:

(1) the Registrant's registration as a salesperson under section 25 of the Act is suspended for a period beginning on the date hereof and ending on April 13, 1998;and

(2) Upon the Registrant's registration being reinstated, the Registrant will be subject to the following conditions:

(a) for a period of 2 years from the date of reinstatement in respect of Ontario trading, MSIL will:

(i) conduct a daily review of all trades by the Registrant with a view to monitoring completion of all necessary documents, client authorizations, suitability ofinvestments and excess trading or switching;

(ii) report every three months regarding its supervision of the Registrant; to the General Manager, Registrations, Ontario Securities Commission ("GMR"); and

(iii) report all client complaints respecting the Registrant immediately to the GMR;

(b) the Registrant shall not use a power of attorney from a client without the written consent of the GMR ; and

(c) the Registrant shall not, directly or indirectly, conduct reporting agency services in Ontario including without limitation, reporting agency services throughIntegral Financial Services Ltd.

March 6th, 1998.

Glorianne Stromberg"

"R. Stephen Paddon"