Order: In the Matter of Money Gate Mortgage Investment Corporation et al.

Order
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IN THE MATTER OF
MONEY GATE MORTGAGE INVESTMENT CORPORATION, MONEY GATE CORP., MORTEZA KATEBIAN and PAYAM KATEBIAN

Timothy Moseley, Vice-Chair and Chair of the Panel

File No. 2017-79

April 6, 2020

ORDER

WHEREAS the hearing as to sanctions and costs in this matter cannot proceed as scheduled due to the COVID-19 pandemic, as a result of which the Ontario Securities Commission invited submissions from the parties as to next steps;   

ON READING the submissions of the representatives for Staff of the Commission, and for Money Gate Corp., Morteza Katebian and Payam Katebian, no submissions having been made on behalf of Money Gate Mortgage Investment Corporation;

IT IS ORDERED THAT:

  1. the hearing dates of April 8 and 15, 2020, are vacated;
  2. on or before April 30, 2020, the parties shall exchange, with respect to each intended witness, either:
    1. the witness’s affidavit; or
    2. a summary of the anticipated oral evidence of the witness; and   
  3. an attendance by teleconference is scheduled for May 4, 2020, at 10:00 a.m., or such other date and time as provided by the Office of the Secretary and agreed to by the parties.

 

" Timothy Moseley "
Timothy Moseley