Order: In the Matter of Issam El-Bouji et al.
IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c S.5, AS AMENDED
- AND -
IN THE MATTER OF ISSAM EL-BOUJI, GLOBAL RESP CORPORATION, GLOBAL
GROWTH ASSETS INC., GLOBAL EDUCATIONAL TRUST FOUNDATION AND MARGARET SINGH
ORDER
(Pre-hearing Conference – Rule 6.7 of the
Ontario Securities Commission Rules of Procedure)
WHEREAS on January 10, 2013, the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing (the “Notice of Hearing”) pursuant to section 127 of the Securities Act, R.S.O. 1990, c S.5, as amended (the “Act”), accompanied by a Statement of Allegations dated January 10, 2013 (the “Statement of Allegations”) filed by Staff of the Commission (“Staff”) against Issam El-Bouji, Global RESP Corporation, Global Growth Assets Inc., Global Educational Trust Foundation and Margaret Singh (collectively, the “Respondents”);
AND WHEREAS on January 28, 2013, the Commission ordered that the hearing be adjourned to February 27, 2013 at 11:00 a.m.;
AND WHEREAS on February 27, 2013, the Commission ordered that the matter be adjourned to a confidential pre-hearing conference to be held on June 19, 2013 at 10:00 a.m. and that June 5, 2013 at 10:00 a.m. be reserved for a potential disclosure motion to be brought by the Respondents;
AND WHEREAS on May 22, 2013, the Commission ordered that the matter be adjourned to a confidential pre-hearing conference to be held on July 5, 2013 and that June 19, 2013 be reserved for a potential disclosure motion to be brought by the Respondents;
AND WHEREAS the Respondents withdrew their disclosure motion and on June 6, 2013, the Commission ordered that the date for the potential disclosure motion to be brought by the Respondents be vacated;
AND WHEREAS on July 5, 2013, the parties attended a confidential pre-hearing conference in this matter;
AND WHEREAS on July 5, 2013, the Commission adjourned the matter to a further confidential pre-hearing conference to be held on March 3, 2014 and ordered that the hearing on the merits in this matter take place on March 31, 2014 at 10:00 a.m. and continue on April 1, 2, 3, 4, 7, 9, 10, 11, 14, 15, 16, 17, 21, 23, 24, 25, 28, 29 and 30, 2014 each day commencing at 10:00 a.m.;
AND WHEREAS on March 3, 2014, the parties attended a confidential pre-hearing conference in this matter and requested that the hearing dates of be vacated to allow the parties additional time to discuss settlement of certain of the allegations contained in the Statement of Allegations;
AND WHEREAS the Commission is of the opinion that it is in the public interest to make this order;
IT IS HEREBY ORDERED that the hearing dates scheduled for March 31, April 1, 2, 3, 4 and 7, 2014 are vacated and that the hearing in this matter shall commence on April 9, 2014 at 10:00 a.m. and shall continue on April 10, 11, 14, 15, 16, 17, 21, 23, 24, 25, 28, 29 and 30, 2014 each day commencing at 10:00 a.m.
IT IS FURTHER ORDERED that the parties may request a further pre-hearing conference in this matter, if necessary.
.
DATED at Toronto this 3RD day of March, 2014.
“James E. A. Turner”
_______________________________
James E. A. Turner