Decisions

Basil Marcellinius Toussaint, Rafique Jiwani and Alex Pidgeon [Reciprocal Order]

BCSECCOM #:
2014 BCSECCOM 27
Document Type:
Reciprocal Order
Published Date:
2014-01-30
Effective Date:
2014-01-22
Details:

2014 BCSECCOM 27

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Reciprocal Order

Basil Marcellinius Toussaint (also known as Peter Beckford),
Rafique Jiwani (also known as Ralph Jay) and Alex Pidgeon

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 Basil Marcellinius Toussaint (aka Peter Beckford), Rafique Jiwani (aka Ralph Jay) and Alex Pidgeon are subject to orders made by the Ontario Securities Commission on September 21, 2011, in Re Global Partners Capital and others,(2011), 34 OSCB 10023.
      Order
¶ 3 After providing Toussaint, Jiwani and Pidgeon an opportunity to be heard and considering staff’s submissions and considering it to be in the public interest, we order,

      Toussaint
      1. under section 161(1)(b) of the Act, that Toussaint cease trading in, and is prohibited permanently from purchasing securities;

      2. under section 161(1)(c) of the Act, that all of the exemptions set out in the regulations do not apply permanently to Toussaint;

      3. under section 161(1)(d)(i), that Toussaint resign any position he holds as a director or officer of any issuer;

      4. under section 161(1)(d)(ii) of the Act, that Toussaint is prohibited permanently from becoming or acting as a director or officer of any issuer, registrant or investment fund manager;

      Jiwani
      5. under section 161(1)(b) of the Act, that Jiwani cease trading in, and is prohibited permanently from purchasing securities;

      6. under section 161(1)(c) of the Act, that all of the exemptions set out in the regulations do not apply permanently to Jiwani;

      7. under section 161(1)(d)(i), that Jiwani resign any position he holds as a director or officer of any issuer;

      8. under section 161(1)(d)(ii) of the Act, that Jiwani is prohibited permanently from becoming or acting as a director or officer of any issuer, registrant or investment fund manager;

      Pidgeon
      9. under section 161(1)(b) of the Act, that Pidgeon cease trading in, and is prohibited permanently from purchasing securities;

      10. under section 161(1)(c) of the Act, that all of the exemptions set out in the regulations do not apply permanently to Pidgeon;

      11. under section 161(1)(d)(i), that Pidgeon resign any position he holds as a director or officer of any issuer; and

      12. under section 161(1)(d)(ii) of the Act, that Pidgeon is prohibited permanently from becoming or acting as a director or officer of any issuer, registrant or investment fund manager;

¶ 4 January 22, 2014

¶ 5 For the Commission



      Brent W. Aitken
 
Don Rowlatt
      Vice Chair
 
Commissioner