Securities Law & Instruments




Philip Anisman, Chair of the Panel


October 11, 2017



(Subsections 127(1) and 127(10) of the

Securities Act, RSO 1990, c S.5)


                WHEREAS on October 10, 2017, the Ontario Securities Commission (the Commission) held a hearing at 20 Queen Street West, 17th Floor, Toronto, Ontario, to consider an application by Staff of the Commission (Staff) for an order imposing sanctions pursuant to subsections 127(1) and 127(10) of the Securities Act, RSO 1990, c S.5 (the Act);


                ON READING the Settlement Agreement and Undertaking between Khalid Walid Jawhari (Jawhari) and the Alberta Securities Commission dated March 22, 2017 (the Settlement Agreement);


                AND ON READING the materials filed by Staff, including an email dated October 2, 2017 expressing the consent of Jawhari, and on hearing the submissions of the representative for Staff, appearing in person;


                IT IS ORDERED pursuant to paragraphs 127(1)2 and 2.1 of the Act that Jawhari shall not trade in or purchase securities until March 23, 2020, except in a single account in his own name or in the name of 1601590 Alberta Ltd. so long as any trade or purchase is made through a registrant who has been given a copy of the Settlement Agreement and a copy of this Order.


“Philip Anisman”