Hearings

Hearings usually take place at British Columbia Securities Commission, 12th Floor, 701 West Georgia Street, Vancouver, BC. Hearings usually start at 10 am each hearing day. Hearing dates subject to change and 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
2015-04-01; Douglas William Falconer Wood; Executive Director
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Hearing Type: Enforcement
Allegations: Acting contrary to public interest; False or misleading statements to the commission; Insider trading
Panel: Judith Downes - Chair, Nigel P Cave, Gordon L. Holloway, Don Rowlatt
Note: Hearing concluded. The Panel issued its findings on January 15, 2015. On April 1, 2015, the Panel will hear the parties' submissions on sanction.
2015-04-07 - 2015-04-10; 2015-04-13 - 2015-04-14; 2015-05-04 - 2015-05-05; 2015-06-19; 2015-06-25; Inverlake 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: The hearing is scheduled to start on April 7, 2015.
2015-04-09; 2015-05-11 - 2015-05-15; 2015-05-19 - 2015-05-22; 2015-05-25 - 2015-05-29; 2015-06-03 - 2015-06-05; 2015-10-15 - 2015-10-16; 2015-10-20 - 2015-10-22; Thomas Arthur Williams; Global Wealth Creation Opportunities Inc.; Global Wealth Creation Opportunities Inc. (Belize); Global Wealth Financial Inc.; Global Wealth Creation Strategies Inc.; CDN Global Wealth Creation Club RW-TW; 2002 Concepts Inc.; Susan Grace Nemeth; Renee Michelle Penko; Paul Finney; Irene G. Beilstein; Christina Kiemel; Helena Yvonne Becker; Dennis Carl Weigel; Daniel Quoming Sam; Eric Clark; Sharon Downing; Robert Laudy Williams; Executive Director
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Hearing Type: Enforcement
Allegations: Fraud; Illegal distribution
Panel: Nigel P Cave - Chair, George C. Glover, Don Rowlatt
Note: The Commission will hold a hearing management meeting on April 9, 2015 at 8:30am. The hearing is scheduled to start on May 11, 2015.
2015-04-10; Larry Keith Davis; Executive Director
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Hearing Type: Enforcement
Allegations: Acting contrary to public interest; Fraud
Panel: Nigel P Cave - Chair
Note: The Commission will set a date for the hearing on April 10, 2015 at 9:00am.
2015-04-14; John '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
Note: The Commission will set a date for the hearing on April 14, 2015 at 9:00am.
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Hearings in Writing

Hearing Status Hearing Information
Hearing in writingLance McManne; Orbuttron Ltd.; Orbuttron Sound Waves II Ltd.; Executive Director
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Hearing Type: Enforcement
Allegations: False or misleading statements to the commission; Fraud; Illegal distribution
Panel: Nigel P Cave - Chair, George C. Glover, Gordon L. Holloway
Note: This hearing will be conducted in writing. On January 10, 2014, the panel adjourned the hearing generally.

Action Pending

Hearing Status Hearing Information
Action pendingAdis Golic (also known as Ady Golic); Adcapital Industries Inc.; Ad Capital U.S. Inc.; Executive Director
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Hearing Type: Enforcement
Allegations: Illegal distribution; Trading without registration
Panel: Nigel P Cave - Chair, Audrey T. Ho
Note: On June 26, 2013, the Executive Director applied for orders based on Golic�s Securities Act convictions. On July 11, 2014, the Panel issued its decision. On July 18, 2014, the Executive Director discontinued the proceedings against the remaining respondents. On August 11, 2014, Golic requested a review of the Panel's decision under s.171 of the Act. The Panel will consider Golic's application.
Action pendingDale Edward Joseph St. Jean; Executive Director
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Hearing Type: Enforcement - Reciprocal order
Allegations:
Panel:
Note: The Executive Director has applied for orders under section 161(6) of the Securities Act. A decision is pending.
Action pendingDennis Morice; Executive Director
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Hearing Type: Enforcement - Reciprocal order
Allegations:
Panel:
Note: The Executive Director has applied for orders under section 161(6) of the Securities Act. A decision is pending.
Action pendingEric F. O’Brien; Executive Director
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Hearing Type: Enforcement - Reciprocal order
Allegations:
Panel:
Note: The Executive Director has applied for orders under section 161(6) of the Securities Act. A decision is pending.
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.
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Matter Concluded

Hearing Status Hearing Information
Matter concludedMichael 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.
Matter concludedStreamline Properties Inc.; 0772835 B.C. Ltd.; Local 1661 Building Inc.; Almaval Building Inc.; Jeffrey Karl Wiegel; Michael Jerome Knight; Executive Director
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Hearing Type: Enforcement
Allegations: Fraud; Illegal distribution; Contravening a decision
Panel: Nigel P Cave - Chair, George C. Glover, Audrey T. Ho, Don Rowlatt
Note: Hearing concluded. On February 23, 2015, the Panel issued its decision.
Matter concludedThalbinder Singh Poonian; Shailu Sharon Poonian; Robert Joseph Leyk; Manjit Singh Sihota; Perminder Sihota; Executive Director
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Hearing Type: Enforcement
Allegations: Acting contrary to public interest; Misrepresentation
Panel: Suzanne K Wiltshire - Chair, George C. Glover, Audrey T. Ho
Note: Hearing concluded. The Panel issued its decision on March 13, 2015.

Under Appeal

Hearing Status Hearing Information
Under appealColin Robert Hugh McCabe; Erwin Thomas Speckert; Executive Director
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Hearing Type: Enforcement
Allegations: Acting contrary to public interest; False or misleading statements to the commission; Misrepresentation
Panel: Judith Downes - Chair, Don Rowlatt
Note: Hearing concluded. The Panel issued its decision on December 18, 2014. On December 23, 2014, Erwin Speckert applied for a variation of the Commission's December 18, 2014 decision and the Panel issued its decision on January 19, 2015. On January 16, 2015, Colin McCabe filed a notice of application for leave to appeal with the British Columbia Court of Appeal.
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.