| THE SECURITIES ACT | ) |
Order No. 5754 |
) |
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| Section 148 and 148.3 | ) |
August 13, 2008 |
WALLACE GERARD FULKCO
WHEREAS:
(A) On March 31, 2008, the Executive Director of the British Columbia Securities Commission (“BCSC”) entered into a settlement (“Settlement”) with Wallace Gerard Fulkco (“WALLY FULKCO”) and made an order against him (“BCSC Order”);
(B) In the Settlement, WALLY FULKCO consented to any securities regulator in Canada relying on the facts admitted in the Settlement solely for the purpose of making an order similar to the one contemplated in the Settlement;
(C) On June 10, 2008, The Manitoba Securities 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 WALLY FULKCO;
(D) WALLY FULKCO has consented to the issuance of this Order and has waived his right to a full hearing;
(E) 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 of the Act, WALLY FULKCO cease trading in securities until March 31, 2018, except that he may trade in one account in his own name through a registered representative if he provides a copy of this Order to the registered representative before any trade.
2. THAT, pursuant to section 148.3 of the Act, WALLY FULKCO resign any position he may hold as, and be prohibited from becoming or acting as, a director or officer of any issuer until March 31, 2018.
3. THAT WALLY FULKCO be prohibited from engaging in investor relations activities until March 31, 2018.BY ORDER OF THE COMMISSION
Director, Legal and Enforcement