Aitkens (Re), 2022 ONCMT 22

Capital Markets Tribunal / Tribunal des marchés financiers

22nd Floor 20 Queen Street West Toronto ON M5H 3S8

22e étage 20, rue Queen ouest Toronto ON M5H 3S8

Citation: Aitkens (Re), 2022 ONCMT 22 Date: 2022-08-24 File No. 2022-1

IN THE MATTER OF RONALD JAMES AITKENS and ROY JUERGEN BEYER

REASONS AND DECISION

(Subsections 127(1) and 127(10) of the Securities Act, RSO 1990, c S.5)

Adjudicators: Cathy Singer (chair of the panel)

Hearing: In Writing; final written submissions received on August 8, 2022

Submissions: Sarah McLeod For Staff of the Ontario Securities Commission

Roy Juergen Beyer On their own behalf

No submissions made by or on behalf of Ronald James Aitkens

TABLE OF CONTENTS

1. INTRODUCTION. 1
2. service and participation. 2
3. FACTUAL BACKGROUND. 3 3.1 Conduct at Issue and ASC Findings 3 3.2 ASC Sanctions 5
4. LAW AND ANALYSIS. 8 4.1 Do any of the circumstances under subsection 127(10) of the Act apply?. 9 4.2 Is it in the public interest to make an order under subsection 127(1) of the Act? 9 4.3 Differences between the Alberta and Ontario Statutes 12
5. Conclusion. 12

REASONS AND DECISION