Securities Law & Instruments

Ontario Securities Commission Bulletin (OSCB)



(published weekly on behalf of the OSC by Carswell)


Volume 34, Issue 20
-- May 20, 2011 --


Table of Contents


Chapter 1 Notices / News Releases 5769
1.1 Notices 5769
1.1.1 Current Proceedings Before The Ontario Securities Commission 5769
1.1.2 OSC Staff Notice 51-718 – Key Considerations Relating to an Auditor’s Involvement with Interim Financial Reports 5788
1.1.3 Investment Funds Practitioner – May, 2011 5779
1.1.4 Notice of Amendments to the Securities Act and the Commodity Futures Act 5781
1.1.5 OSC Staff Notice 34-701 – Publication of Decisions of the Director on Registration Matters under Part XI of the Securities Act (Ontario) (“Opportunities to be Heard”) 5782
1.2 Notices of Hearing 5784
1.2.1 CI Financial Corp. – s. 21.7 5784
1.2.2 Nelson Financial Group Ltd. et al. – ss. 127(1). 127.1 5791
1.2.3 Nelson Financial Group Ltd. et al. – ss. 127(1), 127.1 5791
1.2.4 Nelson Financial Group Ltd. et al. – s. 127(1) 5792
1.2.5 Firestar Capital Management Corp. et al. – s. 127 5792
1.3 News Releases 5793
1.3.1 OSC Panel Finds Lyndz Pharmaceuticals Inc., James Marketing Ltd., Michael Eatch and Rickey McKenzie in Breach of Ontario Securities Act 5793
1.4 Notices from the Office of the Secretary 5794
1.4.1 CI Financial Corp. 5794
1.4.2 Nelson Financial Group Ltd. et al. 5794
1.4.3 Richvale Resource Corporation et al. 5795
1.4.4 Nelson Financial Group Ltd. et al. 5795
1.4.5 Nelson Financial Group Ltd. et al. 5796
1.4.6 Nelson Financial Group Ltd. et al. 5796
1.4.7 Oversea Chinese Fund Limited Partnership et al. 5797
1.4.8 Nelson Financial Group Ltd. et al. 5797
1.4.9 Firestar Capital Management Corp. et al. 5798
1.4.10 Nelson Financial Group Ltd. et al. 5798
1.4.11 Lyndz Pharmaceuticals Inc. et al. 5799
1.4.12 Sextant Capital Management Inc. et al. 5799
1.4.13 Nelson Financial Group Ltd. et al. 5800
Chapter 2 Decisions, Orders and Rulings 5801
2.1 Decisions 5801
2.1.1 Brompton Equity Split Corp. et al. 5801
2.1.2 Ventana Gold Corp. 5804
2.1.3 C.A. Bancorp Inc. 5807
2.1.4 PHX Energy Services Corp. 5811
2.1.5 Golden Peaks Resources Ltd. 5814
2.1.6 WEX Pharmaceuticals Inc. – s. 1(10) 5817
2.1.7 Goodman & Company, Investment Counsel Ltd. 5818
2.1.8 Goodman & Company, Investment Counsel Ltd. 5820
2.2 Orders 5822
2.2.1 Richvale Resource Corporation et al. – ss. 127(1), 127(8) 5822
2.2.2 Nelson Financial Group Ltd. et al. 5824
2.2.3 Nelson Financial Group Ltd. et al. 5824
2.2.4 Nelson Financial Group Ltd. et al. 5825
2.2.5 Oversea Chinese Fund Limited Partnership et al. – ss. 127(7), 127(8) 5826
2.2.6 Nelson Financial Group Ltd. et al. 5827
2.2.7 Nelson Financial Group Ltd. et al. 5828
2.3 Rulings 5829
2.3.1 Sextant Capital Management Inc. et al. 5829
Chapter 3 Reasons: Decisions, Orders and Rulings 5833
3.1 OSC Decisions, Orders and Rulings 5833
3.1.1 Nelson Financial Group Ltd. et al. 5833
3.1.2 Nelson Financial Group Ltd. et al. 5840
3.1.3 Lyndz Pharmaceuticals Inc. et al. 5845
3.1.4 Sextant Capital Management Inc. et al. – s. 127 5863
3.1.5 Nelson Financial Group Ltd. et al. 5902
3.2 Court Decisions, Order and Rulings (nil)
Chapter 4 Cease Trading Orders 5907
4.1.1 Temporary, Permanent & Rescinding Issuer Cease Trading Orders 5907
4.2.1 Temporary, Permanent & Rescinding Management Cease Trade Orders 5907
4.2.2 Outstanding Management & Insider Cease Trading Orders 5907
Chapter 5 Rules and Policies (nil)
Chapter 6 Request for Comments (nil)
Chapter 7 Insider Reporting 5909
Chapter 8 Notice of Exempt Financings 6011
Reports of Trades Submitted on Forms 45-106F1 and 45-501F1 6011
Chapter 9 Legislation 6033
9.1.1 Bill 173, Better Tomorrow for Ontario Act (Budget Measures), 2011 6033
Chapter 11 IPOs, New Issues and Secondary Financings 6035
Chapter 12 Registrations 6043
12.1.1 Registrants 6043
Chapter 13 SROs, Marketplaces, and Clearing Agencies 6045
13.1 SROs (nil)
13.2 Marketplaces 6045
13.2.1 Request for Comments – Amendments to Permit Trading of Securities Listed on Other Canadian Exchanges 6045
13.3 Clearing Agencies 6064
13.3.1 CDS – Request for Comments – Material Amendments to CDS Rules – Electronic Payment of Entitlements 6064
13.3.2 CDS – Request for Comments – Material Amendments to CDS Rules – Requirement for Uncertificated Withdrawal of Securities 6071
Chapter 25 Other Information (nil)
Index 6079