Order: In the Matter of Buckingham Securities Corporation et al.
R.S.O. 1990, c.S.5, AS AMENDED
AND
BUCKINGHAM SECURITIES CORPORATION,
DAVID BROMBERG, NORMAN FRYDRYCH, LLOYD BRUCE AND MILLER BERNSTEIN & PARTNERS LLP (formerly known as Miller Bernstein & Partners)
ORDER
(Subsection 127)
WHEREAS on the 6 th day of July, 2001, the Ontario Securities Commission (the “Commission”) ordered, among other things, pursuant to clause 1 of subsection 127(1) of the Securities Act, R.S.O. 1990, c.S.5, as amended (the “Act”), that the registration of Buckingham Securities Corporation (“Buckingham”) be suspended and that trading in any securities by Lloyd Bruce (“Bruce”) cease for a period of fifteen days from the date of the order (the “Temporary Order”);
AND WHEREAS on the 20 th day of July, 2001 the Commission ordered, among other things, pursuant to subsection 127(7) of the Act that the Temporary Order be extended until the hearing is concluded;
AND WHEREAS a Notice of Hearing and related Statement of Allegations was issued on the 15 th day of April 2004 (“Notice of Hearing”) in respect of the respondents, Buckingham Securities Corporation (“Buckingham”), David Bromberg (“Bromberg”), Norman Frydrych (“Frydrych”), Lloyd Bruce (“Bruce”) and Miller Bernstein & Partners LLP (formerly known as Miller Bernstein & Partners) (“Miller Bernstein”);
AND WHEREAS by Order of the Commission dated April 20, 2004 the Commission approved a settlement agreement between Bromberg and Staff of the Commission in respect of the Notice of Hearing;
AND WHEREAS Staff of the Commission (“Staff”) and the respondents have requested a pre-hearing conference to be scheduled on November 29, 2004 at 10:00 a.m., or as soon thereafter as a pre-hearing conference may be scheduled;
AND WHEREAS Staff have requested that the hearing be scheduled to commence on Monday May 30, 2005, June 1, 2, 3, 6, 7, 8, 9, and 10, 2005 or as soon thereafter as a panel may be constituted, and the respondents, Buckingham Securities Corporation, Lloyd Bruce and Miller Bernstein & Partners LLP have consented to a hearing on these dates;
AND WHEREAS the respondent Norman Frydrych does not consent to a hearing scheduled to commence on Monday May 30, 2005, and June 1, 2, 3, 6, 7, 8, 9, and 10, 2005;
AND WHEREAS the Commission considers it to be in the public interest to make this order;
IT IS ORDERED THAT a pre-hearing conference be scheduled on November 29, 2004 at 10:00 a.m., or as soon thereafter as a pre-hearing conference may be scheduled;
IT IS ORDERED THAT the hearing be scheduled to commence on Monday May 30, 2005, and June 1, 2, 3, 6, 7, 8, 9 and 10, 2005, or as soon thereafter as a panel may be constituted.
Dated at Toronto this 21 st day of July, 2004
“Paul Moore” |
Paul Moore |