Order: In the Matter of Ian Yeo
R.S.O. 1990, c. S.5, AS AMENDED
AND
IN THE MATTER OF
IAN YEO
ORDER
(Section 127)
WHEREAS on October 31, 1997, the Ontario Securities Commission (the "Commission") issued a Notice of Hearing pursuant to section 127(1) of theSecurities Act, R.S.O. 1990, c. S.5, as amended (the "Act") in respect of Ian Yeo ("Yeo");
AND WHEREAS Yeo and Staff of the Commission entered into a settlement agreement dated January 16, 1998 (the "Settlement Agreement") in which theyagreed to a proposed settlement of the proceeding respecting Yeo subject to the approval of the Commission;
AND WHEREAS Yeo has agreed that he will receive a suspension of his registration for a period of five days from the Commission;
AND WHEREAS Yeo has agreed to pay $1,000 towards the costs of Staff's investigation in this matter;
AND WHEREAS Yeo has undertaken not to distribute additional copies of the book entitled Financial Independence Through Superior Planning which nameshim as a co-author;
AND UPON reviewing the Settlement Agreement, the Statement of Allegations of Staff of the Enforcement Branch of the Commission and upon hearingsubmissions from Yeo and Staff of the Commission;
AND UPON the Commission being of the opinion that it is in the public interest to make this order;
IT IS ORDERED THAT:
(1) the Settlement Agreement dated January 16, 1998, attached hereto, be and is hereby approved; and
(2) pursuant to clause 1 of subsection 127(1) of the Act, the registration of Yeo is suspended for a period of five days commencing on Monday, January 19,1998.
January 19th, 1998.
"Morley P. Carscallen" |
"Glorianne Stromberg" |