Order: In the Matter of Zulutoys Limited and RBOptions

Order

IN THE MATTER OF
THE SECURITIES ACT, RSO 1990, c S.5

- and -

IN THE MATTER OF
ZULUTOYS LIMITED and RBOPTIONS

ORDER
(Subsections 127(1) and 127(10) of the Securities Act)



WHEREAS:

  1. on August 30, 2016, the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing pursuant to subsections 127(1) and 127(10) of the Securities Act,RSO 1990, c S.5 (the “Act”) in relation to a Statement of Allegations filed by Staff of the Commission (“Staff”) on August 29, 2016 with respect to Zulutoys Limited (“Zulutoys”) and RBOptions;
  2. Zulutoys and RBOptions are subject to an order made by the Financial and Consumer Affairs Authority of Saskatchewan dated April 28, 2016 that imposes sanctions, conditions, restrictions and requirements upon each of Zulutoys and RBOptions, within the meaning of paragraph 4 of the Act (the “FCAA Order”);
  3. on September 27, 2016, Staff: (i) appeared before the Commission and made submissions; and (ii) marked as Exhibit 2 a hearing brief, including a consent from Zulutoys and RBOptions consenting to the making of this Order, which reciprocates the FCAA Order; and
  4. the Commission is of the opinion that it is in the public interest to make this Order.

IT IS ORDERED:

  1. against Zulutoys that:
    1. trading in any securities or derivatives by Zulutoys shall cease permanently, pursuant to paragraph 2 of subsection 127(1) of the Act;
    2. trading in any securities of Zulutoys shall cease permanently, pursuant to paragraph 2 of subsection 127(1) of the Act;
    3. the acquisition of any securities by Zulutoys is prohibited permanently, pursuant to paragraph 2.1 of subsection 127(1) of the Act; and
    4. any exemptions contained in Ontario securities law do not apply to Zulutoys permanently, pursuant to paragraph 3 of subsection 127(1) of the Act; and
  2. against RBOptions that:
    1. trading in any securities or derivatives by RBOptions shall cease permanently, pursuant to paragraph 2 of subsection 127(1) of the Act;
    2. trading in any securities of RBOptions shall cease permanently, pursuant to paragraph 2 of subsection 127(1) of the Act;
    3. the acquisition of any securities by RBOptions is prohibited permanently, pursuant to paragraph 2.1 of subsection 127(1) of the Act; and
    4. any exemptions contained in Ontario securities law do not apply to RBOptions permanently, pursuant to paragraph 3 of subsection 127(1) of the Act.

DATED at Toronto this 27th day of September, 2016.

 

" Christopher Portner "
Christopher Portner