TORONTO, July 19, 2013 /CNW/ - The Commission issued an Order in the above named matter pursuant to section 127 of the Act which provides that:
- paragraphs 4, 5, 6, 7, 8, 9, 10 and 11 of the Terms and Conditions are deleted;
- paragraph 12 of the Terms and Conditions is deleted and replaced with "12.1 CEFI is prohibited from opening any new branch locations unless the Consultant has provided a letter in writing to the OSC Manager, in respect of each proposed new branch location, confirming that the new branch location has a suitable branch manager and that CEFI has sufficient compliance resources to oversee the proposed new branch location."
- the Temporary Order is extended to August, 28, 2013; and
- the hearing in this matter is adjourned to August 26, 2013 at 10:00 a.m.
A copy of the Order dated July 19, 2013 is available at www.osc.gov.on.ca
OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SOURCE Ontario Securities Commission