Decisions & Orders
Cease Trade Orders (Failure To File)
CNF Candy Corporation [Cease Trade Order]
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2010 BCSECCOM 217
Cease Trade Order
CNF Candy Corporation
Section 164 of the
R.S.B.C. 1996, c. 418
¶ 1 CNF Candy Corporation (CNF Candy) is a federal corporation.
¶ 2 CNF Candy has distributed securities (the Distributions) to persons in British Columbia.
¶ 3 CNF Candy did not file a Form 45-106F1
Report of Exempt Distribution
that would be required to be filed under section 6.1 of National Instrument 45-106
Prospectus and Registration Exemptions
if CNF Candy relied on any of the exemptions from the prospectus and registration requirements listed in that section for any of the Distributions.
¶ 4 CNF Candy did not file a preliminary prospectus and a prospectus for any of the Distributions.
¶ 5 Under section 164(1) of the Act, the Executive Director orders that trading in the securities of CNF Candy cease until:
(a) CNF Candy files a preliminary prospectus and prospectus in the required form for the Distributions, and the Executive Director issues receipts for the preliminary prospectus and prospectus, or
(b) CNF Candy files a Form 45-106F1
Report of Exempt Distribution,
if CNF Candy relied on exemptions from the registration and prospectus requirements of the Act for the Distributions that were available to it and require a Report of Exempt Distribution, and
2. The Executive Director makes an order under section 171 of the Act revoking this order.
¶ 6 April 29, 2010