Order: In the Matter of Phemex Limited and Phemex Technology Pte. Ltd.

Order
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IN THE MATTER OF
PHEMEX LIMITED and PHEMEX TECHNOLOGY PTE. LTD.

 

File No. 2023-22

Adjudicator: Cathy Singer

March 26, 2024

ORDER

WHEREAS on March 25, 2024, the Capital Markets Tribunal held a hearing by videoconference;

ON HEARING the submissions of the representatives for the Ontario Securities Commission (the Commission) and for the respondents, and on considering that the parties consent to the making of this order;

IT IS ORDERED THAT:

  1. by no later than 4:30 p.m. on April 8, 2024, the respondents shall serve on the Commission a further and better summary of the expected evidence of Jifeng Ye (Ye) that complies with the requirements of Rule 28(3) of the Tribunal’s Rules of Procedure and Forms, which witness summary shall include:
    1. for each of the topic areas the respondents list in the witness summary dated February 28, 2024, the substance of Ye’s expected evidence; and
    2. the identification of the specific documents Ye is expected to refer to in his evidence;
  2. the Commission shall serve and file a final sworn version of the affidavit of Cosmin Cazan by 4:30 p.m. on September 23, 2024;
  3. the respondents shall serve and file a final sworn version of the affidavit of Ye by 4:30 p.m. on September 23, 2024;
  4. each party shall serve the other party with a book of documents containing copies of the documents, and identifying the other things, that the party intends to produce or enter as evidence at the merits hearing, by 4:30 p.m. on August 20, 2024;
  5. each party shall advise all other parties of any issues about the authenticity or admissibility of documents contained in the books of documents by 4:30 p.m. on August 27, 2024;
  6. each party shall provide to the Registrar a completed copy of the Hearing Participant Checklist by 4:30 p.m. on August 27, 2024
  7. a further attendance in this matter is scheduled for September 4, 2024 at     10:00 a.m., by videoconference, or on such other date and time as may be agreed to by the parties and set by the Governance & Tribunal Secretariat; and
  8. the merits hearing shall take place on October 7, 2024 at 10:00 a.m., at the Capital Markets Tribunal located at 20 Queen Street West, 17th Floor, Toronto, Ontario, and continue on October 8, 9 and 10, 2024, commencing at 10:00 a.m. on each day, or on such other dates and times as may be agreed to by the parties and set by the Governance & Tribunal Secretariat.

 

“Cathy Singer”
Cathy Singer