| THE SECURITIES ACT | ) |
Order No. 4388 |
) |
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| Section 146(2) and 19(5) | ) |
January 28, 2004 |
ANN DIDUR
WHEREAS:
(A) By Order No. 4297 dated October 15, 2003, The Manitoba Securities Commission (the "Commission") ordered, inter alia, that Order No. 4287 be further extended such that pursuant to subsection 19(5) of The Securities Act (the "Act"), the denial of exemptions be extended to and including January 28, 2004;
(B) By Order No. 4297, the Commission further ordered that the matter be returnable on January 28, 2004 at 9:00 a.m.;
(C) That the Notice of Hearing held on January 28, 2004 was served on Didur;
(D) Staff advised the Commission on January 28, 2004 that an investigation into Didur trading in securities continues;
(E) Upon hearing submissions of Staff of the Commission, Didur not appearing, the Commission is of the opinion that it is in the public interest to make this Order.
IT IS ORDERED:
1. THAT, pursuant to subsection 19(5) of the Act, the provision that:
a) subsections 19(1) and 19(3) of the Act do not, with respect to such of the trades referred to in those subsections, apply to Didur; and
b) subsection 19(2) of the Act does not, with respect to such of the securities referred to in that subsection, apply to Didur;
as imposed by Order No. 4287 and extended by Order No. 4297 be extended until further order of the Commission.
2. THAT, this hearing be adjourned to a date to be determined.
BY ORDER OF THE COMMISSION
| "Doug Brown" Director, Legal and Enforcement |