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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
2017-04-28; Paul Se Hui Oei; Canadian Manu Immigration & Financial Services Inc.; 0863220 B.C. Ltd.; 0905701 B.C. Ltd; Organic Eco-Centre Corp.; Executive Director
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Hearing Type: Enforcement
Allegations: Fraud
Panel: Nigel P Cave - Chair, Audrey T. Ho, Suzanne K Wiltshire
Note: The hearing will continue on April 21, 2017.
2017-05-01; Brendan 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 findings on January 24, 2017. The parties' submissions on sanction are due April 13, 2017. The Panel will hear the parties' oral submissions on sanctions on May 1, 2017.
2017-05-17; 2017-05-19; 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
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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 17, 2017, the Commission extended and varied the temporary order until March 8, 2017. On March 8, 2017, the Commission extended the temporary order (as varied) to May 19, 2017 and adjourned the executive director's application to extend the temporary order to May 17, 2017.
2017-06-05 - 2017-06-08; 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 June 5, 2017.
2017-06-12 - 2017-06-13; CAAS 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: The hearing is scheduled to start on June 12, 2017 at 10:00am.
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Action Pending

Hearing Status Hearing Information
Action pendingChristine Maria Cerisse; Laurence Frederick Austin, also known as Lawrence Frederick Austin; Thomas John Sadler; Executive Director
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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's decision is due May 4, 2017.
Action pendingDavid 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: Hearing concluded. The Panel's Findings are due May 29, 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 pendingGurpreet Singh Bansal; Mutual Fund Dealers Association of Canada; Executive Director
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Hearing Type: Review
Allegations:
Panel: Audrey T. Ho - Chair, Gordon L. Holloway, Suzanne K Wiltshire
Note: Hearing concluded. The Panel's decision is due May 18, 2017.
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.
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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 concludedEco Oro Minerals Corp.; Courtney Wolfe; Harrington Global Opportunities Fund Ltd.; Toronto Stock Exchange; Executive Director
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Hearing Type: Take-over bid/issuer bid
Allegations:
Panel: Nigel P Cave - Chair
Note: On March 27, 2017, Courtney Wolfe and Harrington Global Opportunities Fund Ltd. applied for orders under section 161 of the Securities Act. The Commission will hear the parties' application on April 19, 2017. On March 30, 2017, the Applicants withdrew their application.
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 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.
Matter concludedTSX Venture Exchange Inc.; Inspira Financial Inc.; TerraNova Partners LP; Aventine Management Group Inc.; RBP Healthcare Technologies; Executive Director; Computershare
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Hearing Type: Review
Allegations:
Panel: Nigel P Cave - Chair, Judith Downes, Don Rowlatt
Note: On January 9, 2017, the panel heard TerraNova and Aventine's application for a review and stay or temporary order of a TSX Venture Exchange decision. On January 12, 2017, the panel issued an Order dismissing the applicants' application and confirming the TSX's decision. On February 28, 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
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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: 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
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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 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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