Securities Law & Instruments

Ontario Securities Commission Bulletin (OSCB)



(published weekly on behalf of the OSC by Carswell)


Volume 34, Issue 21
-- May 27, 2011 --


Table of Contents


Chapter 1 Notices / News Releases 6083
1.1 Notices 6083
1.1.1 Current Proceedings Before The Ontario Securities Commission 6083
1.1.2 CSA Staff Notice 81-322 – Status Report on the Implementation of the Modernization of Investment Fund Product Regulation Project and Request for Comment on Phase 2 Proposals 6092
1.2 Notices of Hearing 6097
1.2.1 Caldwell Investment Management Ltd. 6097
1.3 News Releases 6099
1.3.1 Abraham Grossman, Eric O’Brien, Abel DaSilva and Shallow Oil and Gas Inc. Found Guilty of Breaching Ontario Securities Act 6099
1.3.2 OSC Panel Finds Otto Spork, Sextant Capital Management Inc., Sextant Capital GP Inc., Konstantinos Ekonomidis and Natalie Spork in Breach of Ontario Securities Act 6100
1.3.3 Canadian Securities Regulators Seek Feedback on Next Phase of Investment Funds Modernization Initiative 6101
1.4 Notices from the Office of the Secretary 6102
1.4.1 Firestar Capital Management Corp. et al. 6102
1.4.2 Heir Home Equity Investment Rewards Inc. et al. 6102
1.4.3 TBS New Media Ltd. et al. 6103
1.4.4 Caldwell Investment Management Ltd. 6103
1.4.5 Nelson Financial Group Ltd. et al. 6104
Chapter 2 Decisions, Orders and Rulings 6105
2.1 Decisions 6105
2.1.1 Goodman & Company, Investment Counsel Ltd. and Dynamic Energy Income Fund 6105
2.1.2 NBCN Inc. 6107
2.1.3 AGF Investments Inc. et al. 6109
2.2 Orders 6115
2.2.1 Alpha ATS LP – s. 15.1 of NI 21-101 Marketplace Operation and s 6.1 of Rule 13-502 Fees 6115
2.2.2 Chi-X Canada ATS – s. 15.1 of NI 21-101 Marketplace Operation and s. 6.1 of OSC Rule 13-502 Fees 6117
2.2.3 LCH.Clearnet Limited – s. 144 6119
2.2.4 Firestar Capital Management Corp. et al. – s. 127 6123
2.2.5 Heir Home Equity Investment Rewards Inc. et al. – ss. 127(1), 127.1 6124
2.2.6 TBS New Media Ltd. et al. – ss. 127(7), 127(8) 6125
2.2.7 Nelson Financial Group Ltd. et al. 6127
2.3 Rulings (nil)
Chapter 3 Reasons: Decisions, Orders and Rulings 6129
3.1 OSC Decisions, Orders and Rulings 6129
3.1.1 Firestar Capital Management Corp. et al. 6129
3.2 Court Decisions, Order and Rulings (nil)
Chapter 4 Cease Trading Orders 6137
4.1.1 Temporary, Permanent & Rescinding Issuer Cease Trading Orders 6137
4.2.1 Temporary, Permanent & Rescinding Management Cease Trade Orders 6137
4.2.2 Outstanding Management & Insider Cease Trading Orders 6137
Chapter 5 Rules and Policies (nil)
Chapter 6 Request for Comments (nil)
Chapter 7 Insider Reporting 6139
Chapter 8 Notice of Exempt Financings 6251
Reports of Trades Submitted on Forms 45-106F1 and 45-501F1 6251
Chapter 9 Legislation (nil)
Chapter 11 IPOs, New Issues and Secondary Financings 6261
Chapter 12 Registrations 6265
12.1.1 Registrants 6265
Chapter 13 SROs, Marketplaces, and Clearing Agencies 6267
13.1 SROs 6267
13.1.1 IIROC Rules Notice – Request for Comments – Dealer Member Rules – Plain language rule re-write project – Debt Markets and Inter-Dealer Bond Brokers 6267
13.2 Marketplaces (nil)
13.3 Clearing Agencies 6306
13.3.1 LCH.Clearnet Limited – Notice of Commission Order – Application for Variation and Restatement of LCH’s Interim Order 6306
Chapter 25 Other Information (nil)
Index 6307