Securities Law & Instruments

IN THE MATTER OF

PRO-FINANCIAL ASSET MANAGEMENT INC.,

STUART MCKINNON and

JOHN FARRELL

 

AnneMarie Ryan, Commissioner and Chair of the Panel

Timothy Moseley, Commissioner

Janet Leiper, Commissioner

 

September 28, 2017

 

ORDER

(Section 144 of the Securities Act, RSO 1990, c S.5)

 

                WHEREAS on September 28, 2017, the Ontario Securities Commission (the “Commission”) held a hearing at the offices of the Commission, located at 20 Queen Street West, 17th Floor, Toronto, Ontario to consider Staff of the Commission’s (“Staff”) motion (“Staff’s Motion”) to dismiss the Section 144 Application (the “Section 144 Application”) of Stuart McKinnon and Pro-Financial Asset Management Inc.;

 

                ON READING the materials filed by Staff of the Commission and Stuart McKinnon and Pro-Financial Asset Management Inc., and on hearing the oral submissions of Staff and Stuart McKinnon on his own behalf and on behalf of Pro-Financial Asset Management Inc., all appearing in person;

 

                IT IS ORDERED THAT:

 

1.             Staff’s Motion to dismiss the Section 144 Application is granted, with reasons to follow, and

 

2.             the hearing scheduled on October 11, 2017 with respect to the Section 144 Application is vacated.

 

“AnneMarie Ryan”

 

“Timothy Moseley”

“Janet Leiper”