Proceedings

PDF Version

PDF Version



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

- AND -

IN THE MATTER OF STEVEN VINCENT WEERES and
REBEKAH DONSZELMANN

ORDER
(Subsections 127(1) and 127(10))



    WHEREAS on February 6, 2013, the Ontario Securities Commission (the "Commission") issued a Notice of Hearing pursuant to subsections 127(1) and 127(10) of the Securities Act, R.S.O. 1990, c. S.5, as amended (the "Act") in respect of Steven Vincent Weeres ("Weeres") and Rebekah Donszelmann ("Donszelmann") (collectively, the "Respondents");

    AND WHEREAS on January 31, 2013, Staff of the Commission ("Staff) filed a Statement of Allegations in respect of the same matter;

    AND WHEREAS on February 19, 2013, the Commission heard an application by Staff to convert the matter to a written hearing in accordance with Rule 11.5 of the Commission's Rules of Procedure (2012), 35 OSCB 10071, and section 5.1(2) of the Statutory Powers Procedure Act, R.S.O. 1990, c. S.22, as amended;

    AND WHEREAS the Commission granted Staff’s application to proceed by written hearing and set down a schedule for the submission of materials by the parties;

    AND WHEREAS Staff provided written submissions, a hearing brief and a brief of authorities;

    AND WHEREAS the Respondents did not appear and did not file any materials;

    AND WHEREAS the Respondents are subject to an order dated March 15, 2012 made by the New Brunswick Securities Commission, that imposes sanctions, conditions, restrictions or requirements upon them within the meaning of paragraph 4 of subsection 127(10) of the Act;

    AND WHEREAS I find that it is in the public interest to issue this order pursuant to subsection 127(1) of the Act in reliance upon subsection 127(10) of the Act:

    IT IS HEREBY ORDERED THAT:

(a) pursuant to paragraph 2 of subsection 127(1) of the Act, that trading in any securities by Weeres cease permanently;

(b) pursuant to paragraph 3 of subsection 127(1) of the Act, that any exemptions contained in Ontario securities law do not apply to Weeres permanently;

(c) pursuant to paragraph 7 of subsection 127(1) of the Act, that Weeres resign any positions that he holds as a director or officer of any issuer;

(d) pursuant to paragraph 8 of subsection 127(1) of the Act, that Weeres be prohibited from becoming or acting as a director or officer of any issuer permanently;

(e) pursuant to paragraph 2 of subsection 127(1) of the Act, trading in any securities by Donszelmann cease until March 15, 2032;

(f) pursuant to paragraph 3 of subsection 127(1) of the Act, any exemptions contained in Ontario securities law do not apply to Donszelmann until March 15, 2032;

(g) pursuant to paragraph 7 of subsection 127(1) of the Act, Donszelmann resign any positions that she holds as a director or officer of any issuer; and

(h) pursuant to paragraph 8 of subsection 127(1) of the Act, Donszelmann be prohibited from becoming or acting as an officer or director of any issuer until March 15, 2032.

DATED at Toronto this 27th day of March, 2013.

 

" James E. A. Turner "
James E. A. Turner