Decisions

Patrick J. Rooney [Reciprocal Order]

BCSECCOM #:
2014 BCSECCOM 11
Document Type:
Reciprocal Order
Published Date:
2014-01-30
Effective Date:
2014-01-16
Details:

2014 BCSECCOM 11

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Reciprocal Order

Patrick J. Rooney

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


      Introduction
¶ 1 This is an order under sections 161(1) and 161(6)(c) of the Securities Act, RSBC 1996, c. 418.
      Background
¶ 2 Patrick J. Rooney is subject to an order made by the Ontario Securities Commission on June 30, 2011, in Re Imagin Diagnostic Centres, Inc. and others(2011), 34 OSCB 7530.
      Order
¶ 3 After providing Rooney an opportunity to be heard and considering staff’s and Rooney’s submissions, and considering it to be in the public interest, we order,

      1. under section 161(1)(b) of the Act, that Rooney cease trading in securities of IMAGIN Diagnostic Centers Inc. permanently;

      2. under section 161(1)(c) of the Act, that all of the exemptions set out in the regulations do not apply to Rooney until June 30, 2026; and

      3. under section 161(1)(d)(i) and (ii) of the Act, that Rooney resign any position he holds as, and is prohibited until June 30, 2026, from becoming or acting as, a director or officer of any issuer.

¶ 4 January 16, 2014

¶ 5 For the Commission



      Brent W. Aitken
 
Don Rowlatt
      Vice Chair
 
Commissioner