Hearings

Hearings usually take place at the British Columbia Securities Commission, 12th Floor, 701 West Georgia Street, Vancouver, BC. Hearings usually start at 10 am each hearing day. Hearing dates and times are subject to change and are updated on the hearing schedule.


Hearing Schedule

Search Hearing Files

Search for hearings that were in progress or began after August 1, 2005

Upcoming Hearings

Hearing Dates Hearing Information
2019-12-17; 2020-03-06; 2020-03-09 - 2020-03-12; Hunter Wei-Shun Wang (aka Hunter Wei Shun Wang); Jing "Janet" Zhang; Executive Director
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Hearing Type: Enforcement
Allegations: Acting contrary to public interest; False or misleading statements to the commission
Panel:
Note: The Commission will hold a hearing management meeting on December 17, 2019 at 9am. The hearing is scheduled to start on March 6, 2020.
2020-01-09; Forum National Investments Ltd.; Daniel Clozza; Martin Tutschek; Grant Curtis; Robert Logan Dunn; Douglas Corrigan; Mosaic Holdings Inc.; Executive Director
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Hearing Type: Enforcement
Allegations: Acting contrary to public interest; False or misleading statements to the commission; Manipulation/Misleading trading
Panel: Suzanne K Wiltshire - Chair, George C. Glover
Note: The respondents Dunn, Mosaic and Clozza applied for an adjournment of the hearing on the merits and on December 3, 2019, the panel granted the adjournment. On December 9, 2019, the panel heard the disclosure applications of Clozza and Forum and reserved their decision. The Commission will hold a hearing management meeting on January 9, 2020 at 9:00am.
2020-01-13 - 2020-01-16; Aik Guan "Frankie" Lim; Scott Thomas Low; FS Financial Strategies Inc.; FS Financial Services Inc.; FS Financial Strategies Services Inc.; FS Financial Services (Alberta) Inc.; Darrell Wiebe; Chun Ying "Jim" Pan; Chung-Sheng "Johnson" Kao; CC Cornerstone Credit Ltd. (now known as Flexfi Inc.); Afshin Ardalan; WL Strategic Capital Partners Inc.; George Lay; Hunter Wei-Shun Wang (aka Hunter Wei Shun Wang); FS Stellar Insurance Services Inc.; Nyit Foon "Lydia" Chin; Aike Joo Lim; Verico FS Capital Inc.; Gagan Deep Bachra; FS Financial Systems Inc.; Chi Kay "Dixon" Wong; Meng Cher "Philip" Tsai; 3i Capital ClearPath Limited Partnership; Executive Director
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Hearing Type: Enforcement
Allegations:
Panel: Nigel P Cave - Chair, Audrey T. Ho, Gordon L. Holloway
Note: Temporary order issued on February 6, 2017. On October 24, 2018, the executive director issued an Amended notice of hearing. On October 18, 2019, the Respondents Kao, Wong, Tsai and Bachra entered into settlement agreements with the executive director and the executive director discontinued the proceedings against them. On October 18, 2019, the Panel adjourned the hearing; revoked the varied temporary order against Kao, Wong, Tsai and Bachra and extended the varied temporary order against the remaining respondents, except Pan, until January 16, 2020. On October 29, 2019, George Lay entered into a settlement agreement with the executive director. On November 1, 2019, the executive director discontinued the proceedings against Lay. The hearing is scheduled to start on January 13, 2020
2020-01-20 - 2020-01-22; Aly Babu Husein Mawji; Executive Director
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Hearing Type: Enforcement - Reciprocal order
Allegations:
Panel: George C. Glover - Chair, Suzanne K Wiltshire
Note: The executive director has applied for an order under section 161(6) of the Act. On April 25, 2019, the panel heard the parties' preliminary applications and issued its decision on June 26, 2019. On July 26, 2019, Mawji filed a Notice of Application for leave to appeal the Panel's June 26, 2019 decision with the BC Court of Appeal. On December 3, 2019, Mawji abandoned the appeal. The hearing of the merits on the s161 application is scheduled to start on January 20, 2020.
2020-05-27; BridgeMark Financial Corp.; Jackson & Company Professional Corp.; Anthony Kevin Jackson; Lukor Capital Corp.; Justin Edgar Liu; Rockshore Advisors Ltd. (formerly known as Cam Paddock Enterprises Inc.); Cameron Robert Paddock; Simran Singh Gill; JCN Capital Corp.; John Rosarino Bevilacqua; Essos Corporate Services Inc.; Sway Capital Corp.; Von Rowell Torres; David Matthew Schmidt; Detona Capital Corp.; Danilen Villanueva; Natasha Jon Emami; Altitude Marketing Corp.; Ryan Peter Venier; Platinum Capital Corp.; 658111 B.C. Ltd.; Jason Christopher Shull; Tryton Financial Corp.; Abeir Haddad; Tavistock Capital Corp.; Robert John Lawrence; Jarman Capital Inc.; Scott Jason Jarman; Northwest Marketing and Management Inc.; Aly Babu Husein Mawji; Rufiza Babu Husein Mawji-Esmail; Denise Marie Trainor; Randy White; Escher Invest SA; Hunton Advisory Ltd.; Kendl Capital Limited; Russell Grant Van Skiver; Bertho Holdings Ltd.; Robert William Boswell; Haight-Ashbury Media Consultants Ltd.; Ashkan Shahrokhi; Saiya Capital Corporation; Tara Kerry Haddad; Keir Paul MacPherson; Tollstam & Company Chartered Accountants; Albert Kenneth Tollstam; 727 Capital; David Raymond Duggan; Viral Stocks Inc.; 10X Capital; Cryptobloc Technologies Corp.; New Point Exploration Corp.; Green 2 Blue Energy Corp.; BLOK Technologies Inc.; Kootenay Zinc Corp.; Affinor Growers Inc.; Beleave Inc. ; Liht Cannabis Corp. (formerly known as Marapharm Ventures Inc.); PreveCeutical Medical Inc.; Speakeasy Cannabis Club Ltd.; Abattis Bioceuticals Corp.; 1153307 B.C. Ltd.; Executive Director
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Hearing Type: Enforcement
Allegations: Acting contrary to public interest; Illegal distribution
Panel: Nigel P Cave - Chair, Judith Downes, Audrey T. Ho
Note: Temporary order issued and extended. On May 29, 2019, the Panel issued its Decision and Reasons for Decision and extended the Temporary Order until May 27, 2020. The hearing to extend the Temporary Orders will be held on May 27, 2020. On June 5, 2019, the Executive Director entered into a settlement agreement with Beleave Inc. and on June 11, 2019, discontinued proceedings against them. On October 8, 2019, Notice of Application for Leave to Appeal was filed on behalf of the BridgeMark group. On October 10, 2019, the Liu and Lukor Group filed a Notice of Application for Leave to Appeal.
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Action Pending

Hearing Status Hearing Information
Action pendingAttorney General for British Columbia; Executive Director
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Hearing Type: Review
Allegations:
Panel: Nigel P Cave - Chair, Deborah Armour, Marion Shaw
Note: The Attorney General for British Columbia has requested the Commission to refer a stated case to the British Columbia Supreme Court challenging the constitutional validity of s. 151 of the Securities Act.
Action pendingBezzaz Holdings Group Ltd. (dba BGI Canada and BGI Investment); Nexus Global Trading Ltd. (dba Nexus Distribution Group); Todd Norman John Bezzasso; Wei Kai Liao (aka Kevin Liao); Fiorino Corsi; Executive Director
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Hearing Type: Enforcement
Allegations: Fraud
Panel: Nigel P Cave - Chair, George C. Glover, Audrey T. Ho
Note: On June 6, 2019, Mr. Corsi filed a non-suit motion. On June 10, 2019, the panel heard the parties' submissions on the non-suit motion and granted the motion with reasons to follow. Hearing concluded. On November 21, 2019, the panel issued its Reasons for Decision and Findings. The parties have until January 28, 2020 to file submissions on sanctions.
Action pendingEastern Hillside Development Ltd. (formerly 0966841 BC Ltd.); Executive Director
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Hearing Type: Review
Allegations:
Panel:
Note: On May 28, 2019, Eastern Hillside Development Ltd. filed a Notice of Application under s.171 for a variation of a freeze order. On Jun. 13, 2019, Eastern Hillside consented to the Executive Director’s adjournment application, pending the outcome of the Supreme Court matter to determine the ownership of the funds subject to the freeze order.
Action pendingPhilip Wong; Executive Director
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Hearing Type: Enforcement - Reciprocal order
Allegations: Acting contrary to public interest
Panel: Suzanne K Wiltshire
Note: On January 25, 2010, the Commission issued its decision under section 161(6) of the Act (2010 BCSECCOM 64). On February 5, 2010, the executive director discontinued its proceedings under the notice of hearing (2010 BCSECCOM 72). On October 9, 2019, Mr. Wong applied under s. 171 of the Act to vary the Commission's decision issued January 25, 2010. The application is adjourned generally.

Reciprocal Order

Hearing Status Hearing Information
Reciprocal orderRobert Harold Keenan; Executive Director
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Hearing Type: Enforcement - Reciprocal order
Allegations:
Panel:
Note: The executive director has applied for orders under s.161. The respondent has until November 18, 2019 to file submissions.

Matter Concluded

Hearing Status Hearing Information
Matter concludedFlexfi Inc. (formerly known as CC Cornerstone Credit Ltd.); Afshin Ardalan; Executive Director
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Hearing Type: Enforcement
Allegations: Illegal distribution
Panel: Nigel P Cave - Chair, Audrey T. Ho
Note: On May 24, 2018, the panel issued its findings and decision. On October 30, 2018, the panel heard the respondents' application and granted their request for a variation under section 171, subject to certain conditions. On November 9, 2018, the panel issued their ruling and on November 28, 2018, the panel issued their reasons. On October 3, 2019, Afshin Ardalan applied under section 171 of the Act to vary the Commission's decision (2016 BSECCOM 166). The panel heard this application in writing and on November 4, 2019 issued a variation order.

Under Appeal

Hearing Status Hearing Information
Under appealChien-Hua Liu, also known as William Liu; NuWealth Financial Group Inc.; CPFS Professional Financial Services Inc.; Executive Director
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Hearing Type: Enforcement
Allegations: Trading without registration
Panel: Nigel P Cave - Chair, Don Rowlatt, Suzanne K Wiltshire
Note: Hearing concluded. The Panel issued its Findings on November 23, 2018. On July 4, 2019, the Panel issued its decision. On August 6, 2019, Mr. Liu, NuWealth Financial Group Inc. and CPFS Professional Financial Services Inc. filed a notice of application for leave to appeal with the BC Court of Appeal.
Under appealGaro Aram Deyrmenjian; Raffi Khorchidian; Antoine Ratsaphong; EuroHelvetia TrustCo. S.A. now known as EHT Corporate Services S.A.; David Craven; Executive Director
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Hearing Type: Enforcement
Allegations: Manipulation/Misleading trading
Panel: Judith Downes - Chair, Gordon L. Holloway, Suzanne K Wiltshire
Note: On March 8, 2017, the Executive Director discontinued proceedings against Antoine Ratsaphong. Hearing concluded. The Panel issued its findings on April 25, 2018. The appellants Deyrmenjian, Khorchidian, EHT and Craven filed notices of application for leave to appeal with the BC Court of Appeal. On November 2, 2018, the panel heard submissions on EHT and Craven's application under section 171 of the Act to revoke or vary the Panel's findings, and denied the application, with reasons to follow. The Panel issued it's decision on March 11, 2019. On April 8, 2019, Raffi Khorchidian filed a notice of application for leave to appeal with the BC Court of Appeal. On September 16, 2019, Garo Deyrmenjian filed an Amended Notice of Application for leave to appeal. Garo Deyrmenjian's and Raffi Khorchidian's leave applications are scheduled for November 13, 2019.
Under appealMountainstar Gold Inc.; Brent Hugo Johnson; Executive Director
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Hearing Type: Enforcement
Allegations: False or misleading statements to the commission
Panel: Judith Downes - Chair, Audrey T. Ho, Don Rowlatt
Note: The Panel issued its findings on October 12, 2018. The Panel issued its decision on April 9, 2019. On May 6, 2019, Mountainstar Gold and Brent Hugo Johnson filed a notice of application for leave to appeal with the BC Court of Appeal.
Under appealThalbinder Singh Poonian; Shailu Sharon Poonian; Robert Joseph Leyk; Manjit Singh Sihota; Perminder Sihota; Executive Director
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Hearing Type: Enforcement
Allegations: Manipulation/Misleading trading
Panel: Suzanne K Wiltshire - Chair, George C. Glover, Audrey T. Ho
Note: On March 28, 2017, Mr. Leyk filed an application to have the orders against him permanently removed on the grounds that the executive director had not provided him with notice of the proceeding. The panel heard this application in writing and issued its decision on December 5, 2018. On December 27, 2018, Mr. Leyk filed a notice of application for leave to appeal with the British Columbia Court of Appeal. On January 28, 2018, Mr. Leyk filed an application for an order for disclosure and permanently cancelling the Findings and Decision. The panel heard these applications in writing and issued its decision on April 18, 2019. On May 13, 2019, Mr. Leyk filed a Notice of Application for Leave to Appeal with the British Columbia Court of Appeal.
Under appealTin Chao Alan Lau; Executive Director
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Hearing Type: Enforcement
Allegations: Fraud
Panel: Judith Downes - Chair, Gordon L. Holloway, Don Rowlatt
Note: On September 19, 2016, the Panel issued its Decision. On October 7, 2016, the respondent filed a notice of application for leave to appeal with the British Columbia Court of Appeal. On October 16, 2017, the Court of Appeal placed this matter on the inactive appeal list.