THE MANITOBA SECURITIES THE SECURITIES ACT ) Order No. 6968 COMMISSION ) Sections 148, 19(5), and 148.3 ) July 9, 2014 DANIEL STRUMOS WHEREAS: (A) On November 27, 2013, the Ontario Securities Commission ("OSC") issued an order against Daniel Strumos ("OSC Order") ; (8) On April 3, 2014, The Manitoba Securities Commission ("Commission") issued a Notice of Hearing ("Notice") giving notice of its intention to hold a hearing to consider pursuant to section 148.4 of The Securities Act, R.S.M. 1988, c. S50 as amended ("Act") whether or not it was in the public interest to grant orders with respect to Daniel Strumos ("STRUMOS"); (C) On July 9, 2014, this hearing matter came before a panel of the Commission ; (D) Upon reviewing the documentary evidence and hearing the submissions of counsel for staff of the Commission, no one appearing for the respondent STRUMOS, and upon reviewing the Affidavits of Service, filed, and being satisfied as to service upon the respondent, 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, STRUMOS cease trading in securities until and including November 27, 2018, with the exception that he may trade securities for his RRSP accounts immediately following the Director of the Commission having received confirmation of full payment of the administrative penalty and disgorgement orders to the OSC as contained in the OSC Order. 2. THAT, pursuant to subsection 19(5) of the Act, subsection 19(1) of the Act, with respect to such of the trades referred to in that subsection , and subsection 19(2) of the Act, with respect to such of the securities referred to in that subsection , do not apply to STRUMOS until and including November 27, 2018, except as required to trade in securities in accordance with the exception provided in paragraph 1 above. 3. THAT, pursuant to section 148.3 of the Act, STRUMOS resign any position he holds as a director or officer of any issuer and be prohibited from Securities Division 500- 400 St. Mary Avenue, Winnipeg, MB R3C 4K5 •tel: 204 .94:" .2548 •fax: 204.945 .03 :-m • www.msc.gov.mb.ca A D I VISION OF THE MANITOBA F IN ANCIAL SERVICES AGENCY
becoming or acting as a director or officer of any issuer until and November 27, 2018 . BY ORDER OF THE COMMISSION 2 including Acting Director
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