Notice from the Office of the Secretary - IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, c. S.5, AS AMENDED - AND - IN THE MATTER OF CHILDREN'S EDUCATION FUNDS INC.

Jul 19, 2013, 16:48 ET from Ontario Securities Commission

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:

  1. paragraphs 4, 5, 6, 7, 8, 9, 10 and 11 of the Terms and Conditions are deleted;
  2. 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."
  3. the Temporary Order is extended to August, 28, 2013; and
  4. 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
SECRETARY

SOURCE Ontario Securities Commission