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
2018-09-19; 2019-02-04 - 2019-02-15; Forum National Investments Ltd.; Daniel Clozza; Martin Tutschek; Grant Curtis; Robert Logan Dunn; Douglas Corrigan; Mosaic Holdings Inc.; Executive Director
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Hearing Type: Enforcement
Allegations: Acting contrary to public interest; False or misleading statements to the commission; Manipulation/Misleading trading
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. On June 15, 2018, the executive director issued an amended notice of hearing. The Commission will hold a hearing management meeting on September 19, 2018 at 10:00am. The hearing is scheduled to start on February 4, 2019.
2018-10-02; 2018-11-05 - 2018-11-08; William Wade Furman; 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 is scheduled to start on November 5, 2018. The Commission will hold a hearing management meeting on October 2, 2018 at 9:00am.
2018-10-05; 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 May 22, 2018, the Panel extended the temporary order and adjourned the executive director's application to extend the temporary order to October 5, 2018. On June 1, 2018, the executive director discontinued the proceedings against the respondents Flexfi and Ardalan. On June 7, 2018, the panel revoked the temporary order as against Flexfi and Ardalan. On October 5, 2017, the respondents Lim and Low applied for a revocation of a freeze order. On November 17, 2017, the respondents Flexfi and Ardalan applied to vary or revoke the temporary order. On February 7, 2018, the Panel adjourned generally the application of Flexfi and Ardalan.
2018-10-12; Garo Aram Deyrmenjian; Raffi Khorchidian; Antoine Ratsaphong; EuroHelvetia TrustCo. S.A. now known as EHT Corporate Services S.A.; David Craven; Executive Director
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Hearing Type: Enforcement
Allegations: Manipulation/Misleading trading
Panel: Judith Downes - Chair, Gordon L. Holloway, Suzanne K Wiltshire
Note: On March 8, 2017, the Executive Director discontinued proceedings against Antoine Ratsaphong. The Panel issued its findings on April 25, 2018. The appellants Garo Aram Deyrmenjian, Raffi Khorchidian, EHT and David Craven have filed notices of application for leave to appeal with the British Columbia Court of Appeal. The respondents Deyrmenjian, Khorchidian, Craven and EHT filed applications with the Commission to stay the Panel's findings. On July 31 and August 1, 2018 the respondents withdrew their applications. The parties' written submissions on sanctions are due September 28, 2018. On October 12, 2018, the Panel will hear the parties' submissions on sanctions.
2018-10-15 - 2018-10-18; James Marc Gravelle (also known as Marc Joseph James Gravelle and Marc James Gravelle); WY ATAP Investments Inc.; Executive Director
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Hearing Type: Enforcement
Allegations: Trading without registration
Panel: Nigel P Cave - Chair, Judith Downes, George C. Glover
Note: The hearing is scheduled to start on October 15, 2018.
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Action Pending

Hearing Status Hearing Information
Action pendingAlan 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, Audrey T. Ho, Don Rowlatt
Note: On August 9, 2018, the Panel heard the parties' submissions on liability. The Panel's findings are due November 9, 2018.
Action pendingChien-Hua Liu, also known as William Liu; NuWealth Financial Group Inc.; CPFS Professional Financial Services Inc.; Executive Director
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Hearing Type: Enforcement
Allegations: Trading without registration
Panel: Nigel P Cave - Chair, Don Rowlatt, Suzanne K Wiltshire
Note: Hearing concluded. The Panel's Findings are due December 10, 2018,
Action pendingLarry 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. On April 20, 2018, the Court of Appeal allowed Mr. Davis' appeal from the Commission's sanction decision and remitted the matter back to the Commission. On July 6, 2018 the panel heard the parties' oral submissions on the issue of sanctions.The Panel's decision is due.
Action pendingMatthew John Hamilton; Braeden William Sinclair Lichti (aka Braeden Sinclair); Executive Director
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Hearing Type: Enforcement
Allegations: Acting contrary to public interest
Panel: Nigel P Cave - Chair, Judith Downes, Gordon L. Holloway
Note: The Panel's findings are due October 9, 2018.
Action pendingMountainstar Gold Inc.; Brent Hugo Johnson; Executive Director
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Hearing Type: Enforcement
Allegations: False or misleading statements to the commission
Panel: Judith Downes - Chair, Audrey T. Ho, Don Rowlatt
Note: On June 12, 2018 the respondents applied to adjourn the hearing set for June 19, 2018. On June 15, 2018 the Panel granted the adjournment. On July 11, 2018 the Panel heard the parties' submissions on liability. The Panel's findings are due October 12, 2018.
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Reciprocal Order

Hearing Status Hearing Information
Reciprocal orderEdward Earl Chieduch; Executive Director
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Hearing Type: Enforcement - Reciprocal order
Allegations: Acting contrary to public interest
Panel: Nigel P Cave - Chair
Note: The executive director has applied for an order under section 161(6) of the Act. A decision is pending.
Reciprocal orderMitchell Gordon Adam; Executive Director
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Hearing Type: Enforcement - Reciprocal order
Allegations: Acting contrary to public interest
Panel: Nigel P Cave - Chair
Note: The executive director has applied for an order under section 161(6) of the Act. The respondent has until October 5, 2018 to file submissions.
Reciprocal orderRoberto Castano; Executive Director
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Hearing Type: Enforcement - Reciprocal order
Allegations: Acting contrary to public interest
Panel: Nigel P Cave - Chair, Judith Downes
Note: The executive director has applied for an order under section 161(6) of the Act. A decision is pending.
Reciprocal orderShariff Chandran; Executive Director
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Hearing Type: Enforcement - Reciprocal order
Allegations: Acting contrary to public interest
Panel: Nigel P Cave - Chair, Judith Downes
Note: The executive director has applied for an order under section 161(6) of the Act. The respondent has until September 20, 2018 to file submissions.

Matter Concluded

Hearing Status Hearing Information
Matter concludedSBC Financial Group Inc.; Prabhjot Singh Bakshi; Executive Director
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Hearing Type: Enforcement
Allegations: Fraud; Illegal distribution; Trading without registration
Panel: Nigel P Cave - Chair, Judith Downes, Gordon L. Holloway
Note: The Panel issued it's Decision on September 5, 2018.

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 appealPaul 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 Panel issued its decision on August 8, 2018. The appellants Paul Se Hui Oei and Canadian Manu Immigration & Financial Services Inc. have filed a notice of application for leave to appeal with the British Columbia Court of 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: The panel issued its findings on June 16, 2016 and its decision on February 20, 2017. The appellants Siu Mui Wong and Siu Kon Soo have filed notices of application for leave to appeal with the British Columbia Court of Appeal. On April 19, 2018, the Court of Appeal dismissed the application for leave to appeal.
Under appealThomas Arthur Williams; Global Wealth Creation Opportunities Inc.; Global Wealth Creation Opportunities Inc. (Belize); Global Wealth Financial Inc.; Global Wealth Creation Strategies Inc.; CDN Global Wealth Creation Club RW-TW; 2002 Concepts Inc.; Susan Grace Nemeth; Renee Michelle Penko; Paul Finney; Irene G. Beilstein ; Christina Kiemel; Helena Yvonne Becker; Dennis Carl Weigel; Daniel Quoming Sam; Eric Clark; Sharon Downing; Robert Laudy Williams; Executive Director
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Hearing Type: Enforcement
Allegations: Acting contrary to public interest; Fraud; Illegal distribution; Trading without registration
Panel: Nigel P Cave - Chair, George C. Glover, Don Rowlatt
Note: On March 8, 2017, the Court of Appeal granted leave to appeal the Commission's liability and sanctions decisions. On September 18, 2017 the Court of Appeal placed this matter on the inactive appeal list. The Court of Appeal file is closed.
Under appealTin Chao Alan Lau; Executive Director
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Hearing Type: Enforcement
Allegations: Fraud
Panel: Judith Downes - Chair, Gordon L. Holloway, Don Rowlatt
Note: On September 19, 2016, the Panel issued its Decision. On October 7, 2016, the respondent filed a notice of application for leave to appeal with the British Columbia Court of Appeal. On October 16, 2017, the Court of Appeal placed this matter on the inactive appeal list.