2006 BCSECCOM 110

1. under section 161(1)(a) of the Act, Co comply fully with the Act, the Securities Rules, and any applicable regulations, policies and guidelines;

2. under section 161(1)(d) of the Act, Co resign any position he holds as a director or officer of any issuer, and is prohibited from becoming or acting as a director or officer of any issuer, for the later of two years from the date of this Order and the date Co has paid $5,000 to the Commission;

3. under section 161(1)(d)(iii) of the Act, Co is prohibited from engaging in investor relations activities on behalf of any issuer for the later of two years from the date of this Order and the date Co has paid $5,000 to the Commission; and

4. under section 161(1)(f) of the Act, Co complete the Conduct and Practices Handbook course to the satisfaction of the Executive Director within two years from the date of this Order.

“L.E. Evans”

Acting Executive Director

1. Co was a registered salesperson at all material times. Co resides in British Columbia.

2. Golden Fortune Investments (GFX) is a public company whose shares traded on the TSX Venture Exchange (TSX-V). It was headquartered in British Columbia and has been a reporting issuer since November 26, 1999. GFX was cease traded on October 28, 2003 for failure to file annual audited financial statements. It was desisted from the TSX-V on April 20, 2004.

Abusive Operation of Nominee Accounts
3. Co was the registered representative for three accounts that traded almost entirely in GFX shares.

4. In respect of one of these accounts (the Co Account), someone other than the named account holder provided trading instructions through a written trading authorization.

5. Between November 1, 2001 and October 31, 2002, the individual providing trading instructions on the Co Account used it to implement matched trades in GFX shares.

6. Co knew, or should have known that the Co Account was a nominee account and was being used to hide or disguise abusive trading, and should have refused to execute GFX trades through this account.

7. Co failed to diligently monitor the Co Account, to exercise considerable care and diligence in accepting orders on this account, and to make the appropriate inquiries to confirm the nature, purpose, and true ownership of this account, all contrary to the public interest.

1. to pay the British Columbia Securities Commission $5,000;

2. not to say anything, in writing or orally, which may contradict the terms of this settlement or call those terms into question.

1. under section 161(1)(a) of the Act, Co comply fully with the Act, the Securities Rules, and any applicable regulations, policies and guidelines;

2. under section 161(1)(d) of the Act, Co resign any position he holds as a director or officer of any issuer, and be prohibited from becoming or acting as a director or officer of any issuer, for the later of two years from the date of the Order and the date Co has paid $5,000 to the Commission;

3. under section 161(1)(d)(iii) of the Act, Co be prohibited from engaging in investor relations activities on behalf of any issuer for the later of two years from the date of the Order and the date Co has paid $5,000 to the Commission; and

4. under section 161(1)(f) of the Act, Co complete the Conduct and Practices Handbook course to the satisfaction of the Executive Director within two years of the date of the Order.

“Rene Co”

“David Mitchell” )
Witness Signature )
David Mitchell )
Witness Name (please print) )
1000 – 840 Howe Street )
)
Vancouver, BC V6Z 2M1 )
Address )
Barrister & Solicitor )
Occupation

L.E. Evans Acting For

Executive Director