Order: In the Matter of Rezwealth Financial Services Inc. et al.
IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5 AS AMENDED
- and -
IN THE MATTER OF REZWEALTH FINANCIAL SERVICES INC.,
PAMELA RAMOUTAR, JUSTIN RAMOUTAR,
TIFFIN FINANCIAL CORPORATION, DANIEL TIFFIN,
2150129 ONTARIO INC., SYLVAN BLACKETT,
1778445 ONTARIO INC., and WILLOUGHBY SMITH
ORDER
(Section 127)
WHEREAS on January 24, 2011, the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing pursuant to sections 127 and 127.1 of the Securities Act, R.S.O. 1990, c. S.5, as amended, accompanied by a Statement of Allegations dated January 24, 2011 issued by Staff of the Commission (“Staff”), with respect to Rezwealth Financial Services Inc. (“Rezwealth”), Pamela Ramoutar (“Pamela”), Justin Ramoutar (“Justin”), Tiffin Financial Corporation (“Tiffin Financial”), Daniel Tiffin (“Tiffin”), 2150129 Ontario Inc. (“2150129”), Sylvan Blackett (“Blackett”), 1778445 Ontario Inc. (“1778445”) and Willoughby Smith (“Smith”) (collectively, the “Respondents”);
AND WHEREAS the Commission ordered on March 16, 2011 that the hearing of this matter be adjourned to June 16, 2011 at 10:00 a.m. for a pre-hearing conference and that the Amended Temporary Order in this matter be extended to the conclusion of the hearing on the merits;
AND WHEREAS the Commission held a pre-hearing conference on June 16, 2011 to consider preliminary matters;
AND WHEREAS the Commission heard submissions from counsel for Staff, counsel for Rezwealth, Pamela and Justin, and counsel for Tiffin and Tiffin Financial;
AND WHEREAS no one appeared at the pre-hearing conference on behalf of 2150129, Blackett, 1778445 or Smith, and Staff provided an Affidavit of Service sworn June 7, 2011 which stated that service had been made on these respondents;
AND WHEREAS the Commission is of the opinion that it is in the public interest to make this Order;
IT IS ORDERED that the hearing of this matter is adjourned to Tuesday, August 16, 2011 at 2:30 p.m. for a continued pre-hearing conference.
Dated at Toronto this 16th day of June, 2011
Christopher Portner