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), (5) and (8))

WHEREAS on May 30, 2007, the Commission made a temporary order, pursuant to subsections 127(1) and (5) of the Securities Act, R.S.O. 1990, c. S.5., as amended (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 on June 13, 2007, the Commission ordered that the hearing to extend the Temporary Order was adjourned until June 25, 2007 and that, pursuant to subsection 127 (8) of the Act, the Temporary Order was extended until June 25, 2007 or until further order of the Commission, with the exception that the part of the Temporary Order which ordered that any exemptions contained in Ontario securities law do not apply to the Respondent was not extended;

AND WHEREAS on June 25, 2007, the Commission ordered inter alia that, pursuant to subsection 127 (8) of the Act, the Temporary Order, as modified by the Commission's Order dated June 13, 2007, was extended until September 28, 2007 or until further order of the Commission;

AND WHEREAS Staff intends to seek to consolidate the hearing of this matter with the hearing to extend the temporary orders issued in Re David Watson et al.;

AND UPON HEARING submissions from Staff and counsel for Stanton De Freitas;

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

IT IS ORDERED THAT:

1. the hearing to extend the Temporary Order, as modified, is adjourned until November 29, 2007 at 2:30 p.m.; and

2. pursuant to subsection 127 (8) of the Act, the Temporary Order, as modified, is extended until November 29, 2007 or until further order of the Commission.

DATED at Toronto this 28th day of September, 2007.

"James E. A. Turner"

"Suresh Thakrar"