Notice from the Office of the Secretary: In the Matter of Pro-Financial Asset Management Inc.

For Immediate Release
Notice from the Office of the Secretary

IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c. S.5, AS AMENDED

- AND -

IN THE MATTER OF PRO-FINANCIAL ASSET MANAGEMENT INC.



TORONTO – The Commission issued an Order in the above named matter which provides that:

  1. the Temporary Order is extended to December 15, 2013;

  2. the affidavit of Michael Ho sworn October 8, 2013, the affidavit of Stuart McKinnon sworn October 7, 2013, the affidavit of Kenneth White sworn October 7, 2013 and the written submissions of the parties dated October 8 and 9, 2013 will be treated as confidential documents until further order of the Commission;

  3. the hearing to consider whether to: (i) make any further order as to PFAM’s registration as an adviser in the category of PM or in respect of its operation as an IFM, as a result of PFAM’s ongoing capital deficiency; and/or (ii) otherwise vary or extend the terms of the Temporary Order, will proceed on December 12, 2013 at 10:00 a.m.

A copy of the Order dated October 11, 2013 is available at www.osc.gov.on.ca


OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY

 

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