| THE SECURITIES ACT | ) |
Order No. 3216 |
) |
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| Section 8(1) | ) |
January 15, 2001 |
ROLAND EMILE TETRAULT
WHEREAS:
(A) A hearing (the "Hearing") was held by The Manitoba Securities Commission (the "Commission") on August 24 – 26, 1999 inclusive and continued on November 4 and 5, 1999 pursuant to a Notice of Hearing and Statement of Allegations of Staff dated February 24, 1999, to consider:
(i) whether or not it is in the public interest to order, pursuant to subsection 8(1) of The Securities Act (the "Act"), that the registration of Roland Emile Tetrault ("Tetrault") as a salesman under the Act be suspended or cancelled;
(ii) whether or not it is in the public interest to order that Tetrault pay the costs of the investigation and the hearing;
(iii) such further and other matters and the making of such further and other orders as the Commission may deem appropriate;
(B) After reading the Notice of Hearing and Statement of Allegations of Staff and upon hearing the evidence and submissions of staff and of Tetrault, the Commission issued Reasons for Decision with respect to the Hearing dated February 29, 2000 and dated July 17, 2000;
(C) In the opinion of the Commission it is in the public interest to make this Order;
IT IS ORDERED:
1. THAT, pursuant to subsection 8(1) of the Act, a written reprimand will be placed on Tetrault’s registration file.
2. THAT Tetrault pay to the Commission costs in the amount of $1,500.00 to be paid on or before January 17, 2001.
BY ORDER OF THE COMMISSION
Director, Legal and Enforcement