Orders and Exemptions

Decision Information

Decision Content

 

 

 

THE SECURITIES ACT

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Order No. 6914

 

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Sections 148 and 148.3

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April 23, 2014

 

 

WON SANG SHEN CHO, also known as CRAIG CHO, doing business as
CHOSEN MEDIA and GROOPS MEDIA

 

WHEREAS:

 

(A)         On October 22, 2013, the British Columbia Securities Commission (“BCSC”) issued a Decision against Won Sang Shen Cho, also known as Craig Cho, Chosen Media and Groops Media (“BCSC Decision”);

 

(B)       On February 19, 2014, The Manitoba Securities Commission (“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 Won Sang Shen Cho, also known as Craig Cho, (“CHO”), Chosen Media and/or Groops Media;

 

(C)       On April 23, 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 respondents, and upon reviewing the Affidavits of Service, filed, and being satisfied as to service upon the respondents, 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, CHO, Chosen Media and Groops Media cease trading in securities permanently.

 

2.                            THAT, pursuant to section 148.3 of the Act, CHO resign any position he holds as, and be permanently prohibited from becoming or acting as, a director or officer of any issuer.

 

BY ORDER OF THE COMMISSION

 

                                                                                   

                                                                                    Acting Director

 

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