Notices of Hearing & Temporary Orders
International Fiduciary Corp., S.A., et al [Hearing notice – extension of temporary order and hearing dates]
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BCSECCOM #:
2007 BCSECCOM 147
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Document Type:
Hearing notice – extension of temporary order and hearing dates
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Published Date:
2007-03-29
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Effective Date:
2007-03-28
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Details:
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2007 BCSECCOM 147
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2007 BCSECCOM 147
Hearing notice – extension of temporary order and hearing dates
International Fiduciary Corp., S.A., Daniel Eric Byer, Malcolm Cameron Boyd Stevenson and Preston Pinkett II
Sections 161 and 162 of the Securities Act, RSBC 1996, c. 418
International Fiduciary Corp., S.A., Daniel Eric Byer, Malcolm Cameron Boyd Stevenson and Preston Pinkett II
Sections 161 and 162 of the Securities Act, RSBC 1996, c. 418
¶ 1 The British Columbia Securities Commission is to determine whether it is in the public interest to make orders under sections 161, 162 and 174 of the Act against the above respondents. On November 1, 2006, the Executive Director ordered:
• under section 161(1)(a) of the Act, the respondents comply with or cease contravening the Act;
• under section 161(1)(b) of the Act, all persons cease trading in the IFC Investment; and
• under section 161(1)(d)(iii) of the Act, Byer, Stevenson and Pinkett cease all investor relations activities on behalf of IFC,
for a period expiring on November 16, 2006.
¶ 2 On November 16, 2006, the Commission extended the temporary order and adjourned the hearing to December 14, 2006. On December 13, 2006, the Commission extended the temporary order and adjourned the hearing to March 22, 2007.
¶ 3 On March 22, 2007, the Commission:
• under section 161(3) of the Act, considering it necessary and in the public interest, extended the temporary order until a hearing is held and a decision rendered; and
• set the hearing for October 1 to 16, 2007, except October 4 and 8, at 10 am at the British Columbia Securities Commission, 12th Floor, 701 West Georgia Street, Vancouver.
¶ 4 March 28, 2007
Elizabeth J. O’Hea
Secretary to the Commission