Order: In the Matter of Issam El-Bouji et al.
IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5 AS AMENDED
- AND -
IN THE MATTER OF ISSAM EL-BOUJI, GLOBAL RESP CORPORATION, GLOBAL
GROWTH ASSETS INC., GLOBAL EDUCATIONAL TRUST FOUNDATION AND
WHEREAS on January 10, 2013, the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing (the “Notice of Hearing”) pursuant to sections 127 and 127.1 of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”), accompanied by a Statement of Allegations dated January 10, 2013 filed by Staff of the Commission (“Staff”) against Issam El-Bouji, Global RESP Corporation, Global Growth Assets Inc., Global Educational Trust Foundation and Margaret Singh (collectively, the “Respondents”);
AND WHEREAS pursuant to the Notice of Hearing an attendance in this matter was held on January 28, 2013 at 12:00 p.m.;
AND WHEREAS the Commission heard submissions from Staff and counsel for the Respondents;
AND WHEREAS Staff advised the Commission that it intended to deliver disclosure electronically to the Respondents’ counsel on or by February 1, 2013;
AND WHEREAS on January 28, 2013, the Commission ordered that the hearing be adjourned to February 27, 2013 at 11:00 a.m.;
AND WHEREAS on February 27, 2013, Staff and counsel for the Respondents appeared and made submissions, and Staff advised the Commission that it has completed the majority of its disclosure to the Respondents;
AND WHEREAS Staff and counsel for the Respondents requested that the Commission reserve a date for a possible disclosure motion that may be brought by the Respondents;
AND WHEREAS the Commission is of the opinion that it is in the public interest to make this order;
IT IS ORDERED that this matter is adjourned to a confidential pre-hearing conference to be held on June 19, 2013 at 10:00 a.m.;
IT IS FURTHER ORDERED that a possible disclosure motion that may be brought by the Respondents shall be held on June 5, 2013 at 10:00 a.m.
DATED at Toronto this 27th day of February, 2013.
James E. A. Turner