IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c. S.5, as amended
IN THE MATTER OF
DAVID DEONARINE SINGH
WHEREAS on October 14, 1999, the Ontario Securities Commission (the"Commission") issued a Notice of Hearing pursuant to subsection 127(1) of the SecuritiesAct (the "Act") in respect of Clifford Paul Tindall and David Deonarine Singh;
AND WHEREAS David Deonarine Singh entered into a settlement agreement datedJuly , 2000 (the "Settlement Agreement") in which he agrees to a proposed settlement ofthe proceeding, subject to the approval of the Commission;
AND UPON reviewing the Settlement Agreement and the statement of allegations ofStaff of the Commission, and upon hearing submissions from counsel for David DeonarineSingh and from Staff of the Commission;
AND WHEREAS the Commission is of the opinion that it is in the public interest tomake this Order;
IT IS ORDERED THAT:
(i) the Settlement Agreement dated July 25, 2000, attached to this Order, ishereby approved;
(ii)pursuant to clause 6 of subsection 127(1) of the Act, David Deonarine Singhis hereby reprimanded;
(iii) pursuant to clause 2 of subsection 127(1) of the Act, Singh will cease tradingin securities for a period of five years effective the date of this Order, withthe exception of trading in personal accounts held in his name only;
(iv) pursuant to clause 8 of subsection 127(1) of the Act, Singh is prohibited frombecoming or acting as a director or officer of any issuer for a period of fouryears effective this date of the Order; and
(v) pursuant to clause 127.1(2)(b) of the Act, Singh is ordered to pay, within 60days , $25,000 to the Commission in respect of a portion of the Commission'scosts with respect to this matter.
July 31st, 2000.
"J.A. Geller" "Robert W. Davis"