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
2017-06-02; Shane Parhar; Executive Director
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Hearing Type: Review
Allegations:
Panel: Nigel P Cave - Chair
Note: On May 8, 2017 the Commission received an application under s. 171 of the Act for relief including orders for production of documents. The Commission will hold a hearing management meeting on June 2, 2017 at 10:00am.
2017-06-06 - 2017-06-09; 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 6, 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.
2017-06-13; 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. The Commission will hold a hearing management meeting on June 13, 2017, at 9:30am.
2017-06-14 - 2017-06-15; Rodney M. Warren; Mutual Fund Dealers Association of Canada; Executive Director
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Hearing Type: Review
Allegations:
Panel: George C. Glover - Chair, Nigel P Cave, Suzanne K Wiltshire
Note: Mr. Warren and the MFDA have requested a review of a MFDA hearing panel penalty decision dated October 27, 2016. The hearing is scheduled to start on June 14, 2017.
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Action Pending

Hearing Status Hearing Information
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 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.
Action pendingLance 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 findings on April 19, 2017. The parties' submissions on sanction are due June 2, 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 concludedBrendan 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.
Matter concludedChristine 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 issued its decision on April 28, 2017.
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 concludedGurpreet 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. On May 1, 2017, the Panel issued its Reasons for Decision.
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
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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: 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 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: On March 29 and 30, 2017, the Court of Appeal heard the appeal and reserved judgment.
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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