Order: In the Matter of Trans-Atlantic Direct et al.
FILE NO.: 2018-39
IN THE MATTER OF
TRANS-ATLANTIC DIRECT, TRD-EUROMARKETS S.L., MARTIN SCHWARTZ, also known as MARTIN SHWARTZ, STEWART PRICE, BERNARD JUSTIN SEVILLA and MARK LEE SINGER
Timothy Moseley, Vice-Chair and Chair of the Panel
July 3, 2018
ORDER
(Subsection 127(8) of the
Securities Act, RSO 1990, c S.5)
WHEREAS on July 3, 2018, the Ontario Securities Commission (Commission) held a hearing at the offices of the Commission, located at 20 Queen Street West, 17th Floor, Toronto, Ontario,to consider an application by staff of the Commission (Staff) to extend a temporary order dated June 20, 2018 (the Temporary Order);
ON READING the materials filed by Staff and on hearing the submissions of the representativefor Staff, no one appearing for the respondents although properly served;
IT IS ORDERED THAT:
- Pursuant to subsection 127(8) of the Securities Act, the Temporary Order is extended until January 10, 2019, or until further order of the Commission, without prejudice to the right of any of the parties to seek to vary the Temporary Order on application to the Commission, and with the following modification, effective the date of this order:
- the prohibition contained in paragraph 1 of the Temporary Order with respect to trading in securities shall extend equally to trading in derivatives.
" Timothy Moseley "
Timothy Moseley
Timothy Moseley