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
2017-09-05; DominionGrand II Mortgage Investment Corporation; DominionGrand Investment Fund Inc.; Donald Bruce Edward Wilson; David Scott Wright; Patrick K. Prinster; Executive Director
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Hearing Type: Enforcement
Allegations: Fraud
Panel: Nigel P Cave - Chair
Note: The Commission will set a date for the hearing on September 5, 2017 at 9:00am.
2017-09-11 - 2017-09-15; 2017-09-18; Roy Ping Bai (also known as Ping Bai); RBP Consulting; Executive Director
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Hearing Type: Enforcement
Allegations: Fraud
Panel: Nigel P Cave - Chair, George C. Glover, Gordon L. Holloway
Note: The hearing is scheduled to commence on September 11, 2017.
2017-09-20; 2017-12-11 - 2017-12-15; 2017-12-18; Alan Braun; Jerry Braun ; Steve Maxwell (aka Steven Fassman); Braun Developments (B.C.) Ltd.; 8022275 Canada Inc. c/o Chris Wainman; 0985812 B.C. Ltd. (dba TerraCorp Investment Ltd.); Executive Director
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Hearing Type: Enforcement
Allegations: Fraud
Panel: Nigel P Cave - Chair
Note: The hearing is scheduled to start on December 11, 2017 at 10:00am. The Commission will hold a hearing management meeting on September 20, 2017 at 9:00am.
2017-09-21; 2017-12-04 - 2017-12-06; 2017-12-08; Stewart Douglas Loughery; Richard Dean Reoji Nawata; Military International Limited; Executive Director
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Hearing Type: Enforcement
Allegations: False or misleading statements to the commission; Contravening a decision
Panel: Nigel P Cave - Chair, Judith Downes, Gordon L. Holloway
Note: The hearing is scheduled to start on December 4, 2017. The Commission will hold a hearing management meeting on September 21, 2017 at 9:00am.
2017-09-22; David Tuan Seng Lim; Michael Mugford; EuroHelvetia TrustCo S.A. (now known as EHT Corporate Services S.A.; Executive Director
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Hearing Type: Enforcement
Allegations: Illegal distribution; Manipulation/Misleading trading
Panel: Nigel P Cave - Chair, Audrey T. Ho, Don Rowlatt
Note: On June 5, 2017, the Panel issued its Findings. The parties submissions on sanctions are due August 25, 2017. The panel will oral submissions on sanctions on September 22, 2017.
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Action Pending

Hearing Status Hearing Information
Action pending Shane Parhar; Executive Director
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Hearing Type: Review
Allegations:
Panel: Nigel P Cave - Chair, Judith Downes, George C. Glover
Note: On May 8 and 10, 2017, the Commission received applications under s. 171 of the Act for relief including orders for production of documents. On July 26, 2017, the Panel heard the applications. The Panel's ruling is pending.
Action pendingCAAS Mining Corporation; Kenneth William Trociuk; Executive Director
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Hearing Type: Enforcement
Allegations: False or misleading statements to the commission; Illegal distribution
Panel: Nigel P Cave - Chair, George C. Glover, Gordon L. Holloway
Note: Hearing completed. The Panel's Findings are due November 2, 2017.
Action pendingForum National Investments Ltd.; Daniel Clozza; Martin Tutschek; Grant Curtis; Executive Director
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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 pendingInvestment Industry Regulatory Organization of Canada; Alberto Tassone; Executive Director
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Hearing Type: Review
Allegations:
Panel:
Note: IIROC has requested a review of an IIROC hearing panel liability decision, dated February 23, 2017. The Commission will set a date for the hearing after the IIROC panel has made its decision on penalty.
Action pendingJames A. Michie; TSX Venture Exchange; Executive Director
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Hearing Type: Review
Allegations:
Panel:
Note: On April 27, 2017, Mr. Michie applied to the Commission for a review of the TSX Venture Exchange's decision dated March 28, 2017.
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Reciprocal Order

Hearing Status Hearing Information
Reciprocal orderDavid Charles Phillips; Executive Director
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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 March 27, 2017.
Reciprocal orderJohn Russell Wilson; Executive Director
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Hearing Type: Enforcement - Reciprocal order
Allegations:
Panel: Nigel P Cave - Chair
Note:
Reciprocal orderRene Joseph Branconnier; Executive Director
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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 March 13, 2017.

Matter Concluded

Hearing Status Hearing Information
Matter concludedKeith Henry Alexander; Executive Director
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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. On March 9, 2017, the Panel issued its Reasons for Decision
Matter concludedLance Sandford Cook; CBM Canada's Best Mortgage Corp.; Executive Director
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Hearing Type: Enforcement
Allegations: Illegal distribution
Panel: Nigel P Cave - Chair, Judith Downes, Don Rowlatt
Note: Hearing concluded. The Panel issued its decision on August 8, 2017.
Matter concludedSunCentro Corporation; John Leonard Carswell; Robert Thomas Helina; Donald Weiss; YDS Energy, Resources and Humanitarian Relief Corporation; Humanitarian Relief Corporation; Yawar Sattar Khan; David Kenge Kato; Executive Director
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Hearing Type: Enforcement
Allegations: Illegal distribution; Trading without registration
Panel: Nigel P Cave - Chair, Gordon L. Holloway, Suzanne K Wiltshire
Note: Hearing completed. The Panel heard submissions on liability and sanction on August 31, 2016. On February 20, 2017, the Panel issued its decision.

Under Appeal

Hearing Status Hearing Information
Under appealBrendan James Schouw; Hornby Residences Ltd.; Executive Director
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Hearing Type: Enforcement
Allegations: Fraud
Panel: Nigel P Cave - Chair, George C. Glover, Audrey T. Ho
Note: Hearing concluded. The Panel issued its decision on May 17, 2017. On June 16, 2017, Brendan Schouw filed a notice of application for leave to appeal with the British Columbia Court of Appeal. The Appellant has not filed his application.
Under appealHRG Healthcare Resource Group Inc.; Alexander Downie; Daniel G. Mohan; Executive Director
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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
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Hearing Type: Enforcement
Allegations: Fraud
Panel: Suzanne K Wiltshire - Chair, George C. Glover, Don Rowlatt
Note: On March 22, 2017, the Court of Appeal granted leave to appeal the Commission's sanctions and liability decisions and a stay pending the hearing of the appeal.
Under appealSiu Mui "Debbie" Wong; Siu Kon "Bonnie" Soo; Wheatland Industrial Park Inc.; 1300302 Alberta Inc.; D & E Arctic Investments Inc.; Executive Director
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Hearing Type: Enforcement
Allegations: Fraud; Illegal distribution
Panel: Audrey T. Ho - Chair, Judith Downes
Note: On June 16, 2016, the Panel issued its Findings. On July 18, 2016, Siu Mui Wong and Siu Kon Soo filed a notice of application for leave to appeal with the British Columbia Court of Appeal. On February 20, 2017, the Panel issued its Decision. On March 21, 2017, Siu Mui Wong and Siu Kon Soo filed a notice of application for leave to appeal with the British Columbia Court of Appeal.
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
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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.
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