IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5 AS AMENDED
- AND -
IN THE MATTER OF AN APPLICATION FOR A HEARING AND REVIEW OF THE
DECISION OF DIRECTOR BRIDGE OF THE ONTARIO SECURITIES COMMISSION,
PURSUANT TO SECTION 8(2) OF THE SECURITIES ACT, R.S.O. 1990, c. S.5
WHEREAS following the Decision of Director Bridge In the Matter of an Opportunity to be Heard of Sanjiv Sawh and Vlad Trkulja dated January 25, 2011, the Applicants brought the an Application pursuant to section 8(2) of the Securities Act, R.S.O. 1990, c.S.5, as amended for a hearing and review of that Decision (the “Proceedings”);
AND WHEREAS as part of the Proceedings, the Commission held a pre-hearing conference on August 16, 2011, where counsel for the Applicants sought additional disclosure from Staff;
AND WHEREAS on August 16, 2011, the Commission declined to order further disclosure by Staff at that time and scheduled a disclosure motion for August 24, 2011 at 2:00 p.m.;
AND WHEREAS a disclosure motion was held on August 24, 2011, and after hearing submissions from counsel for the Applicants and Staff;
AND WHEREAS the Commission is of the opinion that it is in the public interest to make this Order;
IT IS HEREBY ORDERED THAT:
- Any subscription agreements relating to Golden Gate securities that were completed by Investment House of Canada (“IHOC”) clients contained in the enforcement staff file (the “File”) that reference IHOC, Sanjiv Sawh or Vlad Trkulja that have not already been disclosed to the Applicants by Staff in these Proceedings, if any exist, be disclosed; and
- Staff make best efforts to retrieve the File from storage, search for the above-noted disclosure and if any disclosure is required to be made, to make that disclosure to counsel for the Applicants by September 6, 2011.
DATED at Toronto this 6th day of September, 2011.
Mary G. Condon