Policy Documents
Decisions & Orders

Document Sub-category:Notices of Hearing
Document No.:2009/10/20
Subject:Sung Wan (Sean) Kim [Temporary Order and Notice of Hearing]
Amendments:
Published Date:10/21/2009
Effective Date:10/20/2009

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2009 BCSECCOM 587.pdf
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2009 BCSECCOM 587



Temporary Order and Notice of Hearing

Sung Wan (Sean) Kim

Section 161 of the Securities Act, RSBC 1996, c. 418



1 The Commission will hold a hearing at which the Executive Director will tender evidence, make submissions and apply for an order under sections 161(1)(b), 161(1)(d)(v) and 161(1)(f) of the Securities Act, RSBC 1996, c. 418 (the Act), that Sung Wan (Sean) Kim cease trading and be prohibited from purchasing any securities or exchange contracts, that he be prohibited from engaging in investor relations activities, and that his registration be suspended, based on the following facts:

Background
Public Interest
Temporary Order
2 The Executive Director considers the length of time to hold a hearing under section 161(1) of the Act could be prejudicial to the public interest and, considering that it would be in the public interest to do so, orders under sections 161(1)(b), 161(1)(d)(v), 161(1)(f) and 161(2) of the Act (the Temporary Order) that Sung Wan (Sean) Kim cease trading and be prohibited from purchasing any securities or exchange contracts, that he be prohibited from engaging in investor relations activities, and that his registration be suspended, until November 4, 2009.

3 A hearing (the Hearing) will be held at the 12th Floor Hearing Room, 701 West Georgia Street, Vancouver, British Columbia, on November 3, 2009 at 10:00 am.

4 At the Hearing, the Executive Director will ask the Commission to adjourn the matter and extend the Temporary Order.

5 Kim may be represented by counsel at the Hearing and may make representations and lead evidence. Kim is requested to advise the Commission of his intention to attend by contacting the Secretary to the Commission at PO Box 10142, Pacific Centre, 12th Floor, 701 West Georgia Street, Vancouver, BC, V7Y 1L2, phone: (604) 899-6500; email: commsec@bcsc.bc.ca.

6 Determinations may be made in this matter if Kim or his counsel does not appear at the Hearing.

7 October 20, 2009


Langley E. Evans

8 Langley E. Evans
Acting Executive Director