Hearings

Hearings usually take place at the British Columbia Securities Commission, 12th Floor, 701 West Georgia Street, Vancouver, BC. Hearings usually start at 10 am each hearing day. Hearing dates and times are subject to change and are updated on the hearing schedule.


Hearing Schedule

Search Hearing Files

Search for hearings that were in progress or began after August 1, 2005

Upcoming Hearings

Hearing Dates Hearing Information
2017-02-27; David Tuan Seng Lim; Michael Mugford; EuroHelvetia TrustCo S.A. (now known as EHT Corporate Services S.A.; Executive Director
[+] Show Additional Information
Hearing Type: Enforcement
Allegations: Illegal distribution; Manipulation/Misleading trading
Panel: Nigel P Cave - Chair, Audrey T. Ho, Don Rowlatt
Note: Hearing concluded. On February 27, 2017, the panel will hear the parties' oral submissions on liability.
2017-03-08; Aik Guan "Frankie" Lim; Scott Thomas Low; FS Financial Strategies Inc.; FS Financial Services Inc.; FS Financial Strategies Services Inc.; FS Financial Services (Alberta) Inc.; Darrell Wiebe; Chun Ying "Jim" Pan; Chung-Sheng "Johnson" Kao; CC Cornerstone Credit Ltd. (now known as Flexfi Inc.); Afshin Ardalan; WL Strategic Capital Partners Inc.; George Lay; Hunter Wei-Shun Wang (aka Hunter Wei Shun Wang); FS Stellar Insurance Services Inc.; Nyit Foon "Lydia" Chin; Aike Joo Lim; Verico FS Capital Inc.; Gagan Deep Bachra; FS Financial Systems Inc.; Chi Kay "Dixon" Wong; Meng Cher "Philip" Tsai; Executive Director
[+] Show Additional Information
Hearing Type: Enforcement
Allegations: Acting contrary to public interest
Panel: Nigel P Cave - Chair, Audrey T. Ho, Gordon L. Holloway
Note: Temporary order issued on February 6, 2017. On February 16, 2017, by consent, the application to extend the temporary order was adjourned. On February 17, 2017, the Commission extended and varied the temporary order until March 8, 2017. The Commission will hear the executive director's application to extend the temporary order on March 8, 2017.
2017-03-10; 2017-06-19 - 2017-06-23; 2017-06-26 - 2017-06-27; Garo Aram Deyrmenjian; Raffi Khorchidian; Antoine Ratsaphong; EuroHelvetia TrustCo. S.A. now known as EHT Corporate Services S.A.; Executive Director
[+] Show Additional Information
Hearing Type: Enforcement
Allegations: Manipulation/Misleading trading
Panel: Judith Downes - Chair, Gordon L. Holloway, Suzanne K Wiltshire
Note: The Commission will hold a hearing management meeting on March 10, 2017 @ 9:00am. The hearing is scheduled to start on June 19, 2017.
2017-03-13 - 2017-03-14; Volkmar Guido Hable; Executive Director
[+] Show Additional Information
Hearing Type: Enforcement
Allegations: False or misleading statements to the commission; Manipulation/Misleading trading
Panel: Nigel P Cave - Chair, Don Rowlatt, Suzanne K Wiltshire
Note: Temporary order issued. On December 22, 2016, the Commission held a hearing, and by consent of the parties, extended the temporary order until a hearing is held and a decision is rendered. The hearing is scheduled to start on March 13, 2017.
2017-03-16; 2017-06-12 - 2017-06-13; CAAS Mining Corporation; Kenneth William Trociuk; Executive Director
[+] Show Additional Information
Hearing Type: Enforcement
Allegations: False or misleading statements to the commission; Illegal distribution
Panel: Nigel P Cave - Chair
Note: The Commission will hold a hearing management meeting on March 16, 2017 at 9:00am. The hearing is scheduled to start on June 12, 2017 at 10:00am.
[+] Show All

Action Pending

Hearing Status Hearing Information
Action pendingBrendan James Schouw; Hornby Residences Ltd.; Executive Director
[+] Show Additional Information
Hearing Type: Enforcement
Allegations: Fraud
Panel: Nigel P Cave - Chair, George C. Glover, Audrey T. Ho
Note: Hearing concluded. The Panel issued its findings on January 24, 2017. The parties' submissions on sanction are due March 17, 2017.
Action pendingChristine Maria Cerisse; Laurence Frederick Austin, also known as Lawrence Frederick Austin; Thomas John Sadler; Executive Director
[+] Show Additional Information
Hearing Type: Enforcement
Allegations: False or misleading statements to the commission; Illegal distribution; Manipulation/Misleading trading; Misrepresentation
Panel: Nigel P Cave - Chair, Judith Downes, Don Rowlatt
Note: Hearing concluded. The Panel issued its findings on January 31, 2017. The parties' submissions on sanctions are due March 17, 2017.
Action pendingForum National Investments Ltd.; Daniel Clozza; Martin Tutschek; Grant Curtis; Executive Director
[+] Show Additional Information
Hearing Type: Enforcement
Allegations: Acting contrary to public interest
Panel: Nigel P Cave - Chair, George C. Glover, Suzanne K Wiltshire
Note: Temporary order issued on July 20, 2012. On July 31 and August 1, 2012, the Panel heard the Executive Director's application to extend the temporary order. On August 8, 2012, the Panel dismissed the application and revoked the temporary order. On June 4 and September 10, 2014, Forum and Dan Clozza applied for various orders. The panel heard the applications on September 15 and 16, 2014 and reserved their decision. On January 9, 2015, the Panel adjourned Forum's and Mr. Clozza's constitutional application.
Action pendingKeith Henry Alexander; Executive Director
[+] Show Additional Information
Hearing Type: Enforcement
Allegations: Acting contrary to public interest; Illegal distribution
Panel: Nigel P Cave - Chair, Judith Downes, Audrey T. Ho
Note: On August 4, 2015, the Executive Director entered into a settlement agreement with the respondent and discontinued proceedings against him. On May 11, 2016 the BCSC posted a Notice that funds had been received pursuant to a s. 161(1)(G) Order. On November 3, 2016, the Commission received an application under s. 15.1 of the Act. On December 9, 2016, the Panel heard submissions and granted the application. The Panel's reasons will follow.
Action pendingLance Sandford Cook; CBM Canada's Best Mortgage Corp.; Executive Director
[+] Show Additional Information
Hearing Type: Enforcement
Allegations: Illegal distribution
Panel: Nigel P Cave - Chair, Judith Downes, Don Rowlatt
Note: Hearing concluded. The Panel's findings are due May 17, 2017.
[+] Show All

Reciprocal Order

Hearing Status Hearing Information
Reciprocal orderDavid Charles Phillips; Executive Director
[+] Show Additional Information
Hearing Type: Enforcement - Reciprocal order
Allegations:
Panel: Nigel P Cave - Chair
Note: The executive director has applied for orders under section 161 of the Securities Act. The respondent's submissions are due February 23, 2017.
Reciprocal orderJohn Russell Wilson; Executive Director
[+] Show Additional Information
Hearing Type: Enforcement - Reciprocal order
Allegations:
Panel: Nigel P Cave - Chair
Note:
Reciprocal orderRene Joseph Branconnier; Executive Director
[+] Show Additional Information
Hearing Type: Enforcement - Reciprocal order
Allegations:
Panel: Nigel P Cave - Chair
Note: The executive director has applied for orders under section 161 of the Securities Act. The respondent's submissions are due February 23, 2017.

Matter Concluded

Hearing Status Hearing Information
Matter concludedEagleMark Ventures, LLC; Richard Lian (aka Richard Terry Ruuska); Enna M. Keller; Falcon Holdings, LLC; Executive Director
[+] Show Additional Information
Hearing Type: Enforcement
Allegations: Fraud; Illegal distribution; Misrepresentation; Trading without registration; Contravening a decision
Panel: George C. Glover - Chair, Gordon L. Holloway, Don Rowlatt
Note: Temporary order issued. On March 12, 2012, the Commission, by consent, extended the temporary order until a hearing is held and a decision is rendered. The hearing has concluded. The Panel issued its findings on August 22, 2016. The parties' submissions on sanction are due November 4, 2016. The Panel will hear oral submissions on sanction on January 6, 2017. On February 14, 2017, the Panel issued its decision.
Matter concludedHavenplex Holdings Ltd.; Patrick Aaron Dunn; Executive Director
[+] Show Additional Information
Hearing Type: Enforcement
Allegations: Illegal distribution; Trading without registration
Panel: Nigel P Cave - Chair, Audrey T. Ho, Suzanne K Wiltshire
Note: Hearing concluded. On March 3, 2016, the Executive Director entered into a settlement agreement with Patrick Aaron Dunn and discontinued proceeds against him. On January 24, 2017, the Panel issued its Decision.

Under Appeal

Hearing Status Hearing Information
Under appealHRG Healthcare Resource Group Inc.; Alexander Downie; Daniel G. Mohan; Executive Director
[+] Show Additional Information
Hearing Type: Enforcement
Allegations: Acting contrary to public interest; False or misleading statements to the commission; Illegal distribution
Panel: Nigel P Cave - Chair, Audrey T. Ho, Don Rowlatt
Note: Hearing concluded. The Panel issued its decision on January 8, 2016. On February 9, 2016, Daniel Mohan filed a notice of application for leave to appeal the Commission's Findings and Decision with the British Columbia Court of Appeal. Daniel Mohan has not filed his application. On February 14, 2017 the Court of Appeal placed this matter on the inactive appeal list.
Under appealLarry Keith Davis; Executive Director
[+] Show Additional Information
Hearing Type: Enforcement
Allegations: Fraud
Panel: Suzanne K Wiltshire - Chair, George C. Glover, Don Rowlatt
Note: Hearing concluded. The Panel issued its decision on November 7, 2016. On December 6, 2016, Mr. Davis filed a notice of application for leave to appeal the Commission's Findings and Decision with the British Columbia Court of Appeal. Mr. Davis has filed his application. The Executive Director will file his materials by March 14, 2017.
Under appealMichael Patrick Lathigee; Earle Douglas Pasquill; FIC Real Estate Projects Ltd.; FIC Foreclosure Fund Ltd.; WBIC Canada Ltd.; Executive Director
[+] Show Additional Information
Hearing Type: Enforcement
Allegations: Fraud
Panel: Audrey T. Ho - Chair, Judith Downes
Note: Hearing concluded. On March 16, 2015, the Panel's issued its decision. On April 14, 2015, the respondents filed a notice of application for leave to appeal with the British Columbia Court of Appeal. On March 4, 2016 the Court of Appeal granted, in part, the respondents' application for leave to appeal. The respondents have filed their application. The Executive Director will file his materials by February 24, 2017.
Under appealSPYru Inc; Paradox Distributors (1992) Ltd.; Echo Partners Ltd.; U-GO Brands Nutritional Products Inc.; Peter David Harris; Lorne Neil Cire; Christopher Andrew Burke; Millard Michael Kwasnek; Joseph Yvan JeanClaude Thibert a.k.a John Thibert; Executive Director
[+] Show Additional Information
Hearing Type: Enforcement
Allegations: Acting contrary to public interest; False or misleading statements to the commission; Fraud; Illegal distribution; Misrepresentation; Contravening a decision
Panel: Nigel P Cave - Chair, Judith Downes, Audrey T. Ho
Note: Hearing concluded. On December 14, 2015, the Panel issued its decision. On January 13, 2016, Lorne Neil Cire and Millard Michael Kwasnek filed a notice of application for leave to appeal with the British Columbia Court of Appeal. The Appellants' leave to appeal hearing is adjourned generally. On January 17, 2017 the Court of Appeal placed this matter on the inactive appeal list.
Under appealThalbinder Singh Poonian; Shailu Sharon Poonian; Robert Joseph Leyk; Manjit Singh Sihota; Perminder Sihota; Executive Director
[+] Show Additional Information
Hearing Type: Enforcement
Allegations: Acting contrary to public interest; Misrepresentation
Panel: Suzanne K Wiltshire - Chair, George C. Glover, Audrey T. Ho
Note: Hearing concluded. The Panel issued its decision on March 13, 2015. On April 13, 2015, the respondents filed notices of application for leave to appeal with the British Columbia Court of Appeal. On March 4, 2016 the Court of Appeal granted, in part, the respondents' applications for leave to appeal. The respondents have filed their application. The Executive Director will file his materials by February 24, 2017.
[+] Show All