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 the Temporary Order has been modified and extended from time to time by the Commission;

AND WHEREAS on September 28, 2007, the Commission ordered that the hearing to extend the Temporary Order, as modified and extended by the Commission, be adjourned until November 29, 2007;

AND WHEREAS on September 28, 2007, the Commission further ordered that the Temporary Order, as modified and extended by the Commission, be further extended until November 29, 2007 or until further order of the Commission;

AND WHEREAS on November 29, 2007, the Commission ordered that the hearing to extend the Temporary Order, as modified and extended by the Commission, be adjourned until December 4, 2007;

AND WHEREAS on November 29, 2007, the Commission further ordered that the Temporary Order, as modified and extended by the Commission, be further extended until the conclusion of the hearing to extend the Temporary Order or until further order of the Commission;

AND WHEREAS on December 4, 2007, the Commission ordered that the hearing to extend the Temporary Order, as modified and extended by the Commission, be adjourned until December 5, 2007;

AND WHEREAS on December 5, 2007, the Commission heard the parties' submission on whether the Temporary Order, as modified and extended by the Commission, should be further extended;

AND WHEREAS the Commission is of the opinion that it is in the public interest to extend the Temporary Order, as modified and extended by the Commission, until the Commission releases its decision and reasons on the hearing to extend the Temporary Order;

IT IS ORDERED that the Temporary Order, as modified and extended by the Commission, is extended until the Commission releases its decision and reasons on the hearing to extend the Temporary Order or until further order of the Commission.

DATED at Toronto this 5th day of December, 2007.

"James E. A. Turner"

"Suresh Thakrar"