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

Citation: Dhillon (Re), 2018 ONSEC 14 Date: 2018-04-03

IN THE MATTER OF SITAL SINGH DHILLON

REASONS AND DECISION

(Subsections 8(2) and 8(3) of the Securities Act, RSO 1990, c S.5)

Hearing: February 12, 2018 Decision: April 3, 2018

Panel: Mark J. Sandler (Chair of the Panel) Deborah Leckman (Commissioner) AnneMarie Ryan (Commissioner)

Appearances: Sital Singh Dhillon (For himself) Raphael T. Eghan (For Staff of the Commission)

TABLE OF CONTENTS

I.......... INTRODUCTION. 1 II......... Preliminary Issue – WITHDRAWAL OF Firm Sponsorship. 1 III....... law.. 2 A. Criteria for registration. 2 B. Hearing and Review of a Director’s Decision. 3 C. The Applicable Burden of Proof