King, Lois Doreen

Order
IN THE MATTER OF

THE SECURITIES ACT

R.S.O. 1990 C.s.5, as amended (the "Act")

 

AND

 

IN THE MATTER OF

LOIS DOREEN KING

 

ORDER

(Subsection 127(1))

 

WHEREAS on February 12, 2001, the Ontario Securities Commission (the "Commission") issued a notice of hearing pursuant to subsection 127(1) of Act in respect of Lois Doreen King ("the Respondent");

 

AND WHEREAS the Respondent entered into a settlement agreement dated February 12, 2001 (the "Settlement Agreement") in which she agreed to a proposed settlement of the proceeding, subject to the approval of the Commission;

 

AND UPON reviewing the Settlement Agreement, and upon hearing submissions from counsel for the Respondent and for Staff of the Commission;

 

AND WHEREAS the Commission is of the opinion that it is in the public interest to make this Order;

 

IT IS ORDERED THAT:

 

(1) the Settlement Agreement dated February 12, 2001, attached to this Order, is hereby approved;

 

(2) pursuant to paragraph 1 of subsection 127(1) of the Act, the Respondent's registration is terminated;

 

(3) pursuant to paragraph 2 of subsection 127(1) of the Act, the Respondent will cease trading in securities for a period of three years effective February 9, 2000, with the exception of trading in personal accounts held in her name only or for the account of her registered retirement savings plan (as defined in the Income Tax Act (Canada)); and

 

(4) pursuant to paragraph 6 of subsection 127(1) of the Act, the Respondent is hereby reprimanded.

 

February 19, 2001.

 

Howard I. Wetston, J. A. Geller, Robert W. Davis