Hearings

Hearings usually take place at the British Columbia Securities Commission, 12th Floor, 701 West Georgia Street, Vancouver, BC. Hearings usually start at 10 am each hearing day. Hearing dates and times are subject to change and are updated on the hearing schedule.


Hearing Schedule

Search Hearing Files

Search for hearings that were in progress or began after August 1, 2005

Upcoming Hearings

Hearing Dates Hearing Information
2016-08-31; 2016-09-26 - 2016-09-30; 2016-10-11 - 2016-10-14; Lynne Rae Nickford (aka Lynne Rae Zlotnik dba Lynne Zlotnik Wealth Management); Executive Director
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Hearing Type: Enforcement
Allegations: Fraud
Panel: Suzanne K Wiltshire - Chair, Judith Downes, Don Rowlatt
Note: On November 2, 2012, the Commission, by consent, issued a temporary order until a hearing is held and a decision rendered. On November 27, 2015, the Panel adjourned the hearing to September 26, 2016. On July 14, 2016, the respondent made an application to adjourn the hearing generally and on August 17, 2016, the panel denied the application. The Commission will hold a hearing management meeting on August 31, 2016 at 9:00am.
2016-08-31; SunCentro Corporation; John Leonard Carswell; Robert Thomas Helina; Donald Weiss; YDS Energy, Resources and Humanitarian Relief Corporation; Humanitarian Relief Corporation; Yawar Sattar Khan; David Kenge Kato; Executive Director
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Hearing Type: Enforcement
Allegations: Illegal distribution; Trading without registration
Panel: Nigel P Cave - Chair, Gordon L. Holloway, Suzanne K Wiltshire
Note: Hearing completed. The panel will hear submissions on liability and sanction on August 31, 2016.
2016-09-02; Larry Keith Davis; Executive Director
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Hearing Type: Enforcement
Allegations: Fraud
Panel: Suzanne K Wiltshire - Chair, George C. Glover, Don Rowlatt
Note: Hearing concluded. The Panel will hear oral submissions on sanction on September 2, 2016.
2016-09-07; 0902395 B.C. Ltd.; Robert James Maddigan; Executive Director
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Hearing Type: Enforcement
Allegations: Acting contrary to public interest; Fraud
Panel: Nigel P Cave - Chair, George C. Glover, Gordon L. Holloway
Note: Hearing concluded. The parties' liability submissions are due August 26, 2016. On September 7, 2016, the Panel will hear the parties' submissions on liability.
2016-09-08; 2016-11-04; 2016-11-07 - 2016-11-10; 2016-11-14 - 2016-11-18; David Tuan Seng Lim; Michael Mugford; EuroHelvetia TrustCo S.A. (now known as EHT Corporate Services S.A.; Executive Director
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Hearing Type: Enforcement
Allegations: Illegal distribution; Manipulation/Misleading trading
Panel: Nigel P Cave - Chair, Audrey T. Ho, Don Rowlatt
Note: The hearing is scheduled to start on November 4, 2016. The Commission will hold a hearing management meeting on September 8, 2016 at 9:00am.
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Action Pending

Hearing Status Hearing Information
Action pendingAyaz Dhanani (also known as Azim Virani); Executive Director
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Hearing Type: Enforcement
Allegations: Acting contrary to public interest; Fraud
Panel: Nigel P Cave - Chair, Judith Downes, Gordon L. Holloway
Note: Hearing concluded. The Panel issued its Findings on May 30, 2016. The Commission will schedule an oral sanction hearing.
Action pendingChristine Maria Cerisse; Laurence Frederick Austin, also known as Lawrence Frederick Austin; Thomas John Sadler; Executive Director
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Hearing Type: Enforcement
Allegations: False or misleading statements to the commission; Illegal distribution; Manipulation/Misleading trading; Misrepresentation
Panel: Nigel P Cave - Chair, Judith Downes, Don Rowlatt
Note: Hearing concluded. On August 23, 2016, the Panel heard oral submissions on liability of the Executive Director and Cerisse. The Panel directed Mr. Sadler be given an opportunity to provide oral submissions. The Commission is scheduling this hearing.
Action pendingEagleMark Ventures, LLC; Richard Lian (aka Richard Terry Ruuska); Enna M. Keller; Falcon Holdings, LLC; Executive Director
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Hearing Type: Enforcement
Allegations: Fraud; Illegal distribution; Misrepresentation; Trading without registration; Contravening a decision
Panel: George C. Glover - Chair, Gordon L. Holloway, Don Rowlatt
Note: Temporary order issued. On March 12, 2012, the Commission, by consent, extended the temporary order until a hearing is held and a decision is rendered. The hearing has concluded. The Panel's findings are due August 22, 2016.
Action pendingForum National Investments Ltd.; Daniel Clozza; Martin Tutschek; Grant Curtis; Executive Director
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Hearing Type: Enforcement
Allegations: Acting contrary to public interest
Panel: Nigel P Cave - Chair, George C. Glover, Suzanne K Wiltshire
Note: Temporary order issued on July 20, 2012. On July 31 and August 1, 2012, the Panel heard the Executive Director's application to extend the temporary order. On August 8, 2012, the Panel dismissed the application and revoked the temporary order. On June 4 and September 10, 2014, Forum and Dan Clozza applied for various orders. The panel heard the applications on September 15 and 16, 2014 and reserved their decision. On January 9, 2015, the Panel adjourned Forum's and Mr. Clozza's constitutional application.
Action pendingHecla Mining Company; Dolly Varden Silver Corporation; Executive Director
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Hearing Type: Take-over bid/issuer bid
Allegations:
Panel: Nigel P Cave - Chair, Judith Downes, Audrey T. Ho
Note: On July 20, 2016, the Commission heard the applications by the parties for orders under section 161 of the Securities Act, in a joint hearing with the Ontario Securities Commission. On July 22, 2016, the Panel issued its order. The Panel's reasons will follow.
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Matter Concluded

Hearing Status Hearing Information
Matter concludedBrookmount Explorations Inc.; Peter John Flueck; Zafer Erick Sungur; Executive Director
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Hearing Type: Enforcement
Allegations: Disclosure violations; Misrepresentation; Contravening a decision
Panel: Suzanne K Wiltshire
Note: Hearing concluded. The Panel issued its findings on June 26, 2012 and its decision on November 29, 2012. On July 4, 2016, Brookmount Explorations Inc. applied for a variation of the Commission's November 29, 2012 decision. On August 24, 2016, Brookmount withdrew its application.
Matter concludedGordon Brent Pierce; Executive Director
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Hearing Type: Enforcement - Reciprocal order
Allegations:
Panel: Nigel P Cave - Chair, Audrey T. Ho, Gordon L. Holloway
Note: The executive director has applied for orders under sections 161(6) and 161(1) of the Securities Act. The Commission dismissed the respondent's application for stay on February 11, 2016. On March 7, 2016, the respondent filed a notice of application for leave to appeal the Commission's stay decision. On May 5, 2016 the respondent's application for leave to appeal was adjourned generally. On May 25, 2016, the panel heard submissions on a preliminary issue and issued its ruling on June 1. On June 24, 2016, the panel heard submissions from the parties on the executive director's application and on August 5, 2016 issued its ruling.
Matter concludedHong Liang Zhong; Executive Director
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Hearing Type: Enforcement
Allegations: Fraud; Misrepresentation; Trading without registration
Panel: Audrey T. Ho - Chair, George C. Glover, Gordon L. Holloway
Note: On December 8, 2015, the Panel issued it's Decision.
Matter concludedInverlake Property Investment Group Inc.; Wheatland Business Park Ltd.; Alfredo Miguel "Michael" Yong; Executive Director
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Hearing Type: Enforcement
Allegations: Acting contrary to public interest; Fraud; Illegal distribution
Panel: Nigel P Cave - Chair, Suzanne K Wiltshire
Note: Hearing concluded. On August 3, 2016, the Panel issued its decision.
Matter concludedJohn "Johny" Ferdinand Alexander Spangenberg; Odyssey Renewable growth Inc.; geoTreasuries Clean Energy Limited; all also known as 'Clean Carbon Finance USA'; 'One geoFinance'; 'GT2 Climate Risk Bonds Inc.'; 'GT2 Climate Risk Bonds Inc.'; 'GeoStewart Inc.'; Executive Director
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Hearing Type: Enforcement
Allegations: Acting contrary to public interest; Fraud; Illegal distribution
Panel: Nigel P Cave - Chair, Audrey T. Ho, Suzanne K Wiltshire
Note: Hearing concluded. The Panel issued its Decision on May 31, 2016.
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Under Appeal

Hearing Status Hearing Information
Under appealDavid Michael Michaels; 509802 BC Ltd. dba Michaels Wealth Management Group; Executive Director
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Hearing Type: Enforcement
Allegations: Fraud; Misrepresentation; Trading without registration
Panel: Nigel P Cave - Chair, George C. Glover, Suzanne K Wiltshire
Note: Hearing concluded. The Panel issued its decision on October 31, 2014. On November 28, 2014, David Michaels filed a notice of application for leave to appeal with the British Columbia Court of Appeal. On April 13, 2015 the Court of Appeal granted, in part, Mr. Michaels' application for leave to appeal. On November 25, 2015 the Court of Appeal heard Mr. Michael's appeal application and reserved its decision. On April 1, 2016 the Court of Appeal dismissed Mr. Michael's appeal and issued its reasons for judgment.
Under appealHRG Healthcare Resource Group Inc.; Alexander Downie; Daniel G. Mohan; Executive Director
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Hearing Type: Enforcement
Allegations: Acting contrary to public interest; False or misleading statements to the commission; Illegal distribution
Panel: Nigel P Cave - Chair, Audrey T. Ho, Don Rowlatt
Note: Hearing concluded. The Panel issued its decision on January 8, 2016. On February 9, 2016, Daniel Mohan filed a notice of application for leave to appeal the Commission's Findings and Decision with the British Columbia Court of Appeal.
Under appealMichael Patrick Lathigee; Earle Douglas Pasquill; FIC Real Estate Projects Ltd.; FIC Foreclosure Fund Ltd.; WBIC Canada Ltd.; Executive Director
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Hearing Type: Enforcement
Allegations: Fraud
Panel: Audrey T. Ho - Chair, Judith Downes
Note: Hearing concluded. On March 16, 2015, the Panel's issued its decision. On April 14, 2015, the respondents filed a notice of application for leave to appeal with the British Columbia Court of Appeal. On March 4, 2016 the Court of Appeal granted, in part, the respondents' application for leave to appeal. On May 4, 2016 the Court of Appeal placed this matter on the inactive appeal list.
Under appealSPYru Inc; Paradox Distributors (1992) Ltd.; Echo Partners Ltd.; U-GO Brands Nutritional Products Inc.; Peter David Harris; Lorne Neil Cire; Christopher Andrew Burke; Millard Michael Kwasnek; Joseph Yvan JeanClaude Thibert a.k.a John Thibert; Executive Director
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Hearing Type: Enforcement
Allegations: Acting contrary to public interest; False or misleading statements to the commission; Fraud; Illegal distribution; Misrepresentation; Contravening a decision
Panel: Nigel P Cave - Chair, Judith Downes, Audrey T. Ho
Note: Hearing concluded. On December 14, 2015, the Panel issued its decision. On January 13, 2016, Lorne Neil Cire and Millard Michael Kwasnek filed a notice of application for leave to appeal with the British Columbia Court of Appeal. The Appellants' leave to appeal hearing is adjourned generally.
Under appealSungro Minerals Inc.; Malkeet Singh Bains; Mark Aaron McLeary; Timothy John McLeary; Narvinder Singh Patric Virk; Robert Hainey; Jerry Williams; Erik John Benson; Executive Director
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Hearing Type: Enforcement
Allegations: False or misleading statements to the commission; Manipulation/Misleading trading
Panel: Bradley Doney - Chair, Don Rowlatt, Suzanne K Wiltshire
Note: Hearing concluded. The Panel issued its Decision on July 8, 2015. On August 7, 2015, Mark Aaron McLeary filed a notice of application for leave to appeal with the British Columbia Court of Appeal. On August 15, 2016 the Court of Appeal placed this matter on the inactive appeal list.
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