Securities Law & Instruments

Ontario Securities Commission Bulletin (OSCB)


(published weekly on behalf of the OSC by Carswell)


Volume 36, Issue 1
-- January 4, 2013 --


Table of Contents
Chapter 1 Notices / News Releases 1
1.1 Notices 1
1.1.1 Current Proceedings Before The Ontario Securities Commission 1
1.1.2 OSC Staff Notice 11-739 (Revised) – Policy Reformulation Table of Concordance and List of New Instruments 9
1.2 Notices of Hearing 11
1.2.1 Blackwood & Rose Inc. et al. – ss. 127(7), 127(8) 11
1.2.2 Fawad Ul Haq Khan and Khan Trading Associates Inc. carrying on business as Money Plus – ss. 60, 60.1 of the CFA 12
1.3 News Releases 16
1.3.1 OSC Adopts Amendments to Fee Model 16
1.4 Notices from the Office of the Secretary 17
1.4.1 Rezwealth Financial Services Inc. et al. 17
1.4.2 American Heritage Stock Transfer Inc. et al. 18
1.4.3 Blackwood & Rose Inc. et al. 19
1.4.4 Vincent Ciccone and Cabo Catoche Corp. (a.k.a. Medra Corp. and Medra Corporation) 19
1.4.5 Northern Securities Inc. et al. 20
1.4.6 Fawad Ul Haq Khan and Khan Trading Associates Inc. carrying on business as Money Plus 20
1.4.7 Normand Gauthier et al. 21
1.4.8 Shallow Oil & Gas Inc. et al. 21
1.4.9 Global Energy Group, Ltd. et al. 22
1.4.10 Bernard Boily 22
1.4.11 New Hudson Television LLC and James Dmitry Salganov 23
1.4.12 New Hudson Television Corporation et al. 23
1.4.13 Knowledge First Financial Inc. 24
1.4.14 Heritage Education Funds Inc. 24
1.4.15 Colby Cooper Capital Inc. et al. 25
1.4.16 Blackwood & Rose Inc. et al. 25
Chapter 2 Decisions, Orders and Rulings 27
2.1 Decisions 27
2.1.1 HollyFrontier Corporation 27
2.1.2 Sierra Metals Inc. (formerly Dia Bras Exploration Inc.) 30
2.1.3 Legumex Walker Inc. 32
2.1.4 Chieftain Metals Inc. 34
2.1.5 Aston Hill Asset Management Inc. et al. 37
2.1.6 Triangle Petroleum Corporation 40
2.1.7 GrowthWorks Wv Management Ltd. and GrowthWorks Commercialization Fund Ltd. 42
2.1.8 Manulife Securities Investment Services Inc. 44
2.1.9 Arbor Memorial Services Inc. – s. 1(10) 47
2.1.10 NAV Canada 48
2.1.11 Granite Real Estate Inc. et al. 53
2.1.12 Granite Real Estate Inc. et al. 62
2.1.13 Scougall Services Limited Partnership 69
2.1.14 Franchise Services of North America Inc. 72
2.1.15 Scotiabank Subordinated Notes Trust – s. 1(10) 76
2.1.16 United Corporations Limited 77
2.1.17 Sino-Forest Corporation 81
2.2 Orders 88
2.2.1 Rezwealth Financial Services Inc. et al. – s. 127 88
2.2.2 American Heritage Stock Transfer Inc. et al. – Rules 1.5.3 and 4.3 89
2.2.3 Blackwood & Rose Inc. et al. – ss. 127(1), 127(5) 90
2.2.4 The Canadian Depository for Securities Limited and CDS Clearing and Depository Services Inc. – s. 144 92
2.2.5 White Rock Capital Partners Inc. and Royal Coal Corp. – s. 144 131
2.2.6 Vincent Ciccone and Cabo Catoche Corp. (a.k.a. Medra Corp. and Medra Corporation) 133
2.2.7 Northern Securities Inc. et al. – s. 21.7 and 8 136
2.2.8 Normand Gauthier et al. – s. 127 137
2.2.9 Shallow Oil & Gas Inc. et al. – ss. 127(1), 127(10) 138
2.2.10 Global Energy Group, Ltd. et al. – ss. 127, 127.1 139
2.2.11 Bernard Boily – s. 127 141
2.2.12 New Hudson Television LLC and James Dmitry Salganov – s. 127 142
2.2.13 New Hudson Television Corporation et al. – ss. 127(1), 127(8) 143
2.2.14 Knowledge First Financial Inc. 145
2.2.15 Heritage Education Funds Inc. 147
2.2.16 Colby Cooper Capital Inc. et al. – s. 127 149
2.2.17 Ellington Management Group, L.L.C. – s. 80 of the CFA 150
2.2.18 Economic Investment Trust Limited – s. 144 158
2.2.19 Security Investors, LLC – s. 78(1) of the CFA 163
2.2.20 Quest Partners LLC – s. 80 of the CFA 172
2.2.21 Blackwood & Rose Inc. et al. – ss. 127(7), 127(8) 180
2.3 Rulings 181
2.3.1 State Street Global Markets, LLC – s. 38 of the Act and s. 6.1 of OSC Rule 91-502 Trades in Recognized Options 181
Chapter 3 Reasons: Decisions, Orders and Rulings 191
3.1 OSC Decisions, Orders and Rulings 191
3.1.1 Shallow Oil & Gas Inc. et al. – ss. 127(1), 127(10) 191
3.1.2 Global Energy Group, Ltd. et al. – s. 127 202
3.2 Court Decisions, Order and Rulings (nil)
Chapter 4 Cease Trading Orders 235
4.1.1 Temporary, Permanent & Rescinding Issuer Cease Trading Orders 235
4.2.1 Temporary, Permanent & Rescinding Management Cease Trade Orders 235
4.2.2 Outstanding Management & Insider Cease Trading Orders 235
Chapter 5 Rules and Policies (nil)
Chapter 6 Request for Comments (nil)
Chapter 7 Insider Reporting 237
Chapter 8 Notice of Exempt Financings 461
Reports of Trades Submitted on Forms 45-106F1 and 45-501F1 461
Chapter 9 Legislation (nil)
Chapter 11 IPOs, New Issues and Secondary Financings 467
Chapter 12 Registrations 481
12.1.1 Registrants 481
Chapter 13 SROs, Marketplaces, and Clearing Agencies 483
13.1 SROs 483
13.1.1 MFDA – Proposed Amendments to MFDA By-Law No. 1 (Definitions), MFDA Rule 2.5.5 (Branch Manager) and MFDA Policy No. 2 – Minimum Standards for Account Supervision 483
13.2 Marketplaces (nil)
13.3 Clearing Agencies 498
13.3.1 Notice of Approval – Variation and Restatement of the Recognition Order of the Canadian Depository for Securities Limited and CDS Clearing and Depository Services Inc. 498
13.3.2 CDS – Notice of Effective Date – Technical Amendments to CDS Procedures – QST Rate Changes on CDS Forms 543
Chapter 25 Other Information (nil)
Index 545