Decisions
Terry James Minnie, et al. - [Sec. 161]
|
BCSECCOM #:
2004 BCSECCOM 607
|
Document Type:
Sec. 161
|
|
Published Date:
2004-10-26
|
Effective Date:
2004-10-25
|
|
Details:
|
|
2004 BCSECCOM 607
Click on the Adobe icon to launch the Acrobat Reader
2004 BCSECCOM 607
COR#04/128
Extension of Temporary Order
Terry James Minnie and Raymond Patrick Shaw
Section 161 of the Securities Act, RSBC 1996, c. 418
Terry James Minnie and Raymond Patrick Shaw
Section 161 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 the Securities Act against Terry James Minnie and Raymond Patrick Shaw. On October 7, 2004, the executive director ordered
1. under section 161(1)(a) of the Act, the respondents comply with and cease contravening the Act and the regulations;
2. under section 161(1)(b) of the Act, the respondents cease trading in and are prohibited from purchasing any securities or exchange contracts; and
3. under section 161(1)(d) of the Act, the respondents resign from any positions they may each hold as, and are each prohibited from becoming or acting as, directors or officers of any issuer, and are prohibited from engaging in investor relations activities,
for a period expiring on October 20, 2004.
¶ 2 On October 20, 2004, the executive director asked the commission to adjourn the hearing and extend the temporary order until a hearing is held and a decision rendered.
¶ 3 On October 20, 2004, the commission considering it to be necessary and in the public interest, extended the temporary order until the commission issues its decision on the application to extend the temporary orders.
¶ 4 October 25, 2004
Robin E. Ford
Commissioner
Marc A. Foreman
Commissioner
Robert J. Milbourne
Commissioner