Ontario Securities Commission
Commission des valeurs mobilières de l’Ontario
22nd Floor 20 Queen Street West Toronto ON M5H 3S8
22e étage 20, rue Queen Ouest Toronto ON M5H 3S8
IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, c. S.5, AS AMENDED
- AND -
IN THE MATTER OF KRIS SUNDELL
REASONS AND DECISION
(Subsections 127(1) and 127(10) of the Act)
Decision: November 27, 2014
Panel: James E. A. Turner
- Vice-Chair of the Commission
Counsel: Keir Wilmut
- For Staff of the Commission
TABLE OF CONTENTS
I.......... OVERVIEW
II........ AGREED STATEMENT OF FACTS
III....... ANALYSIS
A. Subsection 127(10) of the Act
B. Submissions of Staff
C. Should an Order be Issued?
D. The Appropriate Restrictions
IV....... CONCLUSION
Schedule “A”
REASONS FOR DECISION
I. OVERVIEW
1This was a hearing (the “Hearing”) conducted in writing before the Ontario Securities Commission (the “Commission”) pursuant to subsections 127(1) and 127(10) of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”) to consider whether it is in the public interest to make an order imposing market conduct restrictions against Kris Sundell (the “Respondent” or “Sundell”)
2A