Securities Law & Instruments

IN THE MATTER OF

THE SECURITIES ACT,

R.S.O. 1990, c. S.5, AS AMENDED

AND

IN THE MATTER OF

STANTON DE FREITAS

 

TEMPORARY ORDER

(Sections 127(1) and (5))

WHEREAS on May 30, 2007, the Commission made a temporary order, pursuant to subsections 127(1) and (5) of the Act, that trading in any securities by Stanton De Freitas shall cease and that any exemptions contained in Ontario securities law do not apply to him (the "Temporary Order");

WHEREAS, pursuant to subsection 127(5) of the Act, the Temporary Order shall expire on June 14, 2007 unless extended by the Commission;

WHEREAS Staff is seeking to extend that part of the Temporary Order which orders that trading in any securities by the Respondent shall cease;

AND WHEREAS Staff is not seeking an extension of that part of the Temporary Order which orders that any exemptions contained in Ontario securities law do not apply to the Respondent;

AND WHEREAS Staff will be seeking to consolidate the hearing of this matter with the hearing to extend the temporary orders issued in Re Jason Wong et al.;

AND WHEREAS the Respondent does not contest or object to an extension of the Temporary Order until June 25, 2007;

AND WHEREAS the Commission is of the opinion that it is in the public interest to make this order;

AND WHEREAS by Commission Order made April 4, 2007, pursuant to section 3.5(3) of the Act, any one of W. David Wilson, James E. A. Turner, Lawrence E. Ritchie, Robert L. Shirriff, Harold P. Hands, Paul K. Bates and David L. Knight, acting alone, is authorized to make Orders under section 127 of the Act;

IT IS ORDERED THAT:

1. the hearing to extend the Temporary Orders is adjourned until June 25, 2007 at 2:15 p.m.; and

2. pursuant to subsection 127 (8) of the Act, the Temporary Order is extended until June 25, 2007 or until further order of the Commission, with the exception that the part of the Temporary Order which orders that any exemptions contained in Ontario securities law do not apply to the Respondent shall not be extended.

DATED at Toronto this 13th day of June, 2007.

"James E. A. Turner"