Order: In the Matter of Ronald James Aitkens and Roy Juergen Beyer

IN THE MATTER OF
RONALD JAMES AITKENS and ROY JUERGEN BEYER

Adjudicator: Cathy Singer (chair of the panel)

File No. 2022-1

August 24, 2022

ORDER

(Subsections 127(1) and 127(10) of the
Securities Act, RSO 1990, c S.5 (the Act))

WHEREAS the Capital Markets Tribunal held a hearing in writing to consider a request by Staff of the Commission for an order imposing sanctions against Ronald James Aitkens and Roy Juergen Beyer pursuant to subsections 127(1) and 127(10) of the Act;

ON READING the materials filed by Staff, and Mr. Aitkens and Mr. Beyers not having filed any materials, although properly served;

1. against Aitkens that:
    
   1. 1. pursuant to paragraphs 7, 8.1 and 8.3 of subsection 127(1) of the Act, Aitkens resign any positions he holds as a director or officer of an issuer or registrant;
      2. pursuant to paragraph 2 of subsection 127(1) of the Act, trading in any securities or derivatives by Aitkens cease permanently;
      3. pursuant to paragraph 2.1 of subsection 127(1) of the Act, the acquisition of any securities by Aitkens cease permanently;
      4. pursuant to paragraph 3 of subsection 127(1) of the Act, any exemptions contained in Ontario securities law do not apply to Aitkens permanently;
      5. pursuant to paragraph 8, 8.2 and 8.4 of subsection 127(1) of the Act, Aitkens is prohibited permanently from becoming or acting as a director or officer of any issuer or registrant; and
      6. pursuant to paragraph 8.5 of subsection 127(1) of the Act, from becoming or acting as a registrant or promoter.


2. against Beyer that:
    
   1. 1. pursuant to paragraphs 7, 8.1 and 8.3 of subsection 127(1) of the Act, Beyer resign any positions he holds as a director or officer of an issuer or registrant;
      2. pursuant to paragraph 2 of subsection 127(1) of the Act, trading in any securities or derivatives by Beyer cease until October 2, 2029;
      3. pursuant to paragraph 2.1 of subsection 127(1) of the Act, the acquisition of any securities by Beyer cease until October 2, 2029;
      4. pursuant to paragraph 3 of subsection 127(1) of the Act, any exemptions contained in Ontario securities law do not apply to Beyer until October 2, 2029;
      5. pursuant to paragraph 8, 8.2 and 8.4 of subsection 127(1) of the Act, Beyer is prohibited from becoming or acting as a director or officer of any issuer or registrant until October 2, 2029; and
      6. pursuant to paragraph 8.5 of subsection 127(1) of the Act, from becoming or acting as a registrant or promoter until October 2, 2029.