Order: In the Matter of Dino Paolucci

Order
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IN THE MATTER OF
DINO PAOLUCCI

Wendy Berman, Vice-Chair and Chair of the Panel

File No. 2020-25

December 21, 2020

ORDER

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

WHEREAS the Ontario Securities Commission (the Commission) held a hearing in writing to consider a request by Staff of the Commission (Staff) for an order imposing sanctions against Dino Paolucci (Paolucci) pursuant to subsections 127(1) and 127(10) of the Act;

ON READING the materials filed by Staff, Paolucci having not filed any materials, although properly served;

IT IS ORDERED THAT:

  1. pursuant to paragraph 2 of subsection 127(1) of the Securities Act, RSO 1990, c S.5 (the Act), trading in any securities or derivatives by Paolucci shall cease permanently;
  2. pursuant to paragraph 2.1 of subsection 127(1) of the Act, acquisition of any securities by Paolucci shall be prohibited permanently;
  3. pursuant to paragraph 3 of subsection 127(1) of the Act, any exemptions contained in Ontario securities law do not apply to Paolucci permanently;
  4. pursuant to paragraphs 7 and 8.1 of subsection 127(1) of the Act, Paolucci resign any positions that he holds as a director or officer of any issuer or registrant;
  5. pursuant to paragraphs 8 and 8.2 of subsection 127(1) of the Act, Paolucci be prohibited permanently from becoming or acting as a director or officer of any issuer or registrant; and
  6. pursuant to paragraph 8.5 of subsection 127(1) of the Act, Paolucci be prohibited permanently from becoming or acting as a registrant or promoter.

 

" Wendy Berman "
Wendy Berman