Securities Law & Instruments

IN THE MATTER OF

TCM INVESTMENTS LTD.

carrying on business as OPTIONRALLY,

LFG INVESTMENTS LTD.,

AD PARTNERS SOLUTIONS LTD. and

INTERCAPITAL SM LTD.

 

Timothy Moseley, Chair of the Panel

 

September 28, 2017

 

ORDER

(Subsection 127(1) of the

Securities Act, RSO 1990, c S.5)

 

                WHEREAS on September 27, 2017, the Ontario Securities Commission held a hearing at the offices of the Commission, located at 20 Queen Street West, 17th Floor, Toronto, Ontario, to consider the allegations set out in the Statement of Allegations dated August 24, 2017; and

 

                ON HEARING the submissions of the representative for Staff of the Commission, no one appearing for the Respondents, and upon issuing an oral ruling, with Reasons to follow, finding that each of the Respondents contravened the Securities Act, RSO 1990, c S.5 (the Act) by engaging in the conduct alleged in paragraph 17 of the Statement of Allegations;

 

                IT IS ORDERED THAT:

 

1.             Staff of the Commission shall file its written submissions on sanctions and costs by no later than October 31, 2017; and

 

2.             The hearing on sanctions and costs shall be held on November 15, 2017, commencing at 10:00 a.m., or such other date as may be set by the Office of the Secretary.

 

“Timothy Moseley”