Order: In the Matter of Ernst & Young LLP

IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5 AS AMENDED

- AND -

IN THE MATTER OF
ERNST & YOUNG LLP

ORDER
(Sections 127 and 127.1)

    WHEREAS on December 3, 2012 the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing in relation to a Statement of Allegations issued pursuant to section 127 of the Securities Act, R.S.O. c. S.5, as amended, with respect to Ernst & Young LLP (the “Respondent”);

    AND WHEREAS the Notice of Hearing stated that an initial hearing before the Commission would be held on January 7, 2013;

    AND WHEREAS the Commission convened a hearing on January 7, 2013 and heard submissions from counsel for Staff of the Commission and counsel for the Respondent;

    AND WHEREAS both parties jointly requested that the matter be adjourned to a confidential pre-hearing conference;

    AND WHEREAS the Commission is of the opinion that it is in the public interest to make this order;

    IT IS HEREBY ORDERED that this matter is adjourned to a confidential pre-hearing conference to be held on March 4, 2013 at 11:00 a.m. or such other date and time as is agreed by the parties and set by the Office of the Secretary.

Dated at Toronto this 7^th day of January, 2013.