| THE SECURITIES ACT | ) |
Order No. 6115 |
) |
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| Section 148.3 | ) |
April 22, 2010 |
BENHARD ANDREW ANDERSON
WHEREAS:
(A) On February 26 and March 24, 2009, the Alberta Securities Commission ("ASC") issued decisions ("ASC Decisions") against Benhard Andrew Anderson ("ANDERSON");
(B) On February 23, 2010, The Manitoba Securities Commission ("Commission") issued a Notice of Hearing ("Notice") giving notice of its intention to hold a hearing to consider whether or not it was in the public interest to grant orders pursuant to The Securities Act, R.S.M. 1988, c. S50 as amended ("Act") with respect to ANDERSON;
(C) On March 31, 2010, the hearing matter came before a panel of the Commission at which time a substitutional service order was granted and the matter was adjourned to April 21, 2010 at 9:00 a.m. for service;
(D) On April 21, 2010, the hearing matter again came before a panel of the Commission;
(E) Upon reviewing the documentary evidence and hearing the submissions of counsel for staff of the Commission, no one appearing for the respondent, and upon reviewing the Affidavit of Service, filed, and being satisfied as to substitutional service upon the respondent having been completed, the Commission is of the opinion that it is in the public interest to make this order.
IT IS ORDERED:
1. THAT, pursuant to section 148.3 of the Act, ANDERSON resign all positions he holds as and be prohibited from becoming or acting as a director or officer or both of any reporting issuer until March 24, 2016.
BY ORDER OF THE COMMISSION
Director