| THE SECURITIES ACT | ) |
Order No. 6144 |
) |
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| Sections 148, 19(5), and 148.3 | ) |
June 10, 2010 |
ARTHUR WIGMORE
WHEREAS:
(A) The Director, Enforcement of the Alberta Securities Commission (“ASC”) entered into a Settlement Agreement and Undertaking with Arthur Wigmore (“WIGMORE”) on December 31st, 2009 (“Settlement”);
(B) In the Settlement, WIGMORE agreed that his admissions, agreement to facts, and provision of undertakings in the Settlement were made solely for securities regulatory purposes in Alberta and elsewhere;
(C) The Manitoba Securities Commission (“Commission”) issued a Notice of Hearing (“Notice”) on March 3, 2010 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 WIGMORE;
(D) WIGMORE 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 sections 148 and 19(5) of the Act, WIGMORE cease trading in securities and refrain from using any exemptions under the Act permanently, except that WIGMORE may trade in securities in accounts in his own name or in the name of his spouse, in respect of which she has given written authorization for him to trade on her behalf, through a registrant who has first been given a copy of this Order.
2. THAT, pursuant to section 148.3 of the Act, WIGMORE resign any position he may hold as a director or officer of any issuer and be permanently prohibited from becoming or acting as a director or officer, or both, of any issuer.
BY ORDER OF THE COMMISSION
Director, Legal and Enforcement