Order: In the Matter of Matthew Schloen
IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5, AS AMENDED
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IN THE MATTER OF MATTHEW SCHLOEN
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IN THE MATTER OF A SETTLEMENT AGREEMENT BETWEEN STAFF OF THE ONTARIO SECURITIES COMMISSION AND MATTHEW SCHLOEN
ORDER
WHEREAS the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing dated April 3, 2014 (the “Notice of Hearing”) pursuant to sections 127 and 127.1 of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”) in connection with a Statement of Allegations filed on April 3, 2014 by Staff of the Commission (“Staff”) to consider whether it is in the public interest to make certain orders against Matthew Schloen (“Schloen”);
AND WHEREAS Schloen entered into a Settlement Agreement with Staff (the “Settlement Agreement”) on March 30, 2014, in which Schloen and Staff agreed to a proposed settlement of the proceeding commenced by the Notice of Hearing, subject to the approval of the Commission;
AND WHEREAS the Commission approved the Settlement Agreement by order dated April 17, 2014;
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 Settlement Agreement is amended by redacting the name of the witness and substituting the initials of the witness in place of the name of the witness on page 8 of the Settlement Agreement.
DATED AT TORONTO this 23rd day of April, 2014.
Edward P. Kerwin