Securities Law & Instruments

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

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IN THE MATTER OF CREATE-A-FUND
INCORPORATED And RONALD ETHERINGTON

TEMPORARY ORDER
(Subsection 127(1) and 127(5))

 

WHEREAS IT APPEARS to the Ontario Securities Commision that:

  1. Create-a-fund Incorporated ("Create-a-fund") is incorporated pursuant to the laws of Ontario, and is located in Burlington, Ontario.

  2. Ronald Etherington ("Etherington") is the sole directing mind of Create-a-fund, and resides in Burlington, Ontario.

  3. Create-a-fund and Etherington have never been registered with the Ontario Securities Commission ("Commission") in any capacity.

  4. Create-a-fund and Etherington operate a Web site at www.createafund.com relating to investment opportunities and services.

  5. It appears that Create-a-fund and Etherington have been trading in securities, without being registered, contrary to section 25 of the Securities Act, R.S.O. 1990, c. S-5, as amended ("Act").

  6. It appears that Create-a-fund and Etherington have held themselves out as engaging in the business of advising others as to the buying and selling of securities, without being registered contrary to section 25 of the Act.


AND WHEREAS the Ontario Securities Commission is of the opinion that the length of time required to conclude a hearing could be prejudicial to the public interest;

AND WHEREAS by Commission order made March 9, 2001, pursuant to subsection 3.5(3) of the Act, any one of David A. Brown, Howard Wetston, and Paul M. Moore acting alone, is authorized to make orders under section 127(5) of the Act;

IT IS ORDERED, pursuant to subsections 127(1) and (5) of the Act, that Create-a-fund Incorporated and Ronald L. Etherington shall cease trading in all securities;

IT IS FURTHER ORDERED, pursuant to subsections 127(1) and (5) of the Act, that any exemptions contained in Ontario securities law do not apply to Create-a-fund Incorporated and Ronald L. Etherington for the period of this order;

IT IS FURTHER ORDERED that this temporary order shall take effect immediately and shall expire on the fifteenth day unless extended by the Ontario Securities Commission

DATED at Toronto this 26 day of February, 2002..


______________________________
David A. Brown