Current Proceedings

Current Proceedings

In-person hearings continue to be on hold - The Financial and Consumer Affairs Authority (“FCAA”) continues to take all necessary precautions to protect the health and safety of its employees and the public as we respond to challenges due to COVID-19. We continue to monitor information available concerning the public health risks posed by COVID-19. In order to protect our employees and the public, the FCAA has decided to extend its decision to not hold in-person hearings pursuant to The Securities Act, 1988, until at least June 30, 2020. 

Matters which were originally scheduled to be heard prior to June 30, 2020, and that have not yet been adjourned sine die, are hereby adjourned sine die. Counsel and/or self-represented litigants may make arrangements with the Registrar to reschedule such matters once regular operations resume. In the event parties wish to proceed prior to June 30, 2020, that party may apply to the Hearing Panel for leave to proceed by way of an electronic or written hearing.  

The Registrar will continue to receive Statements of Allegations, Motions or other filings by email at registrarfcaa@ gov.sk.ca in accordance with Saskatchewan Policy Statement 12-602, Procedure for Hearings and Reviews.

For further information, the Registrar can be contacted by email at registrarfcaa@gov.sk.ca or by phone at (306) 787-5646. The co-operation and understanding of all involved during this difficult and challenging time continues to be appreciated.

 

Proceedings are open to the public unless it is in the public interest to order otherwise

Pursuant to section 9(13) of the Securities Act, 1988 and Part 9 of Saskatchewan Policy Statement 12-602 Procedure on Hearings and Reviews, proceedings are open to the public unless it is in the public interest to order otherwise.  

Due to Covid-19, in-person proceedings are not currently being held. For proceedings held remotely, a member of the media or the public who wishes to hear/observe such a proceeding may email their request to registrarfcaa@gov.sk.ca at least two business days in advance of the date of the proceeding. Persons requesting access should provide in their email their name, the hearing they wish to hear/observe, and their contact information. The Registrar will thereafter make every reasonable effort to provide the requestor with information on how to hear/observe the proceeding.
 

The following is information about proceedings currently before the Authority.

Authority hearings are generally open to the public and are held at the Authority's offices at 601 - 1919 Saskatchewan Drive in Regina

Virtual Hearing
Hearing Date: September 19, 2022
Time: 9:00am

MK Futures
and
Knoke, Maitlan

Status: Awaiting Decision

Panel: Karen Prisciak, K.C., Hearing panel Chairperson, Peter Carton, Tracey Bakkell

Virtual Hearing
Hearing Date: TBD

Olesiuk, Jay Max
Olesiuk, Jay Maks
Olesiuk, Andrij

Status: Awaiting Hearing Date

Panel: Howard Crofts (Chairperson of the Hearing Panel)

Hearing concluded.

Godlien, Ryan

Status: Concluded

Panel: Karen Prisciak, K.C. (Chairperson)

Hearing concluded.

Playa Exclusive Realty & Déjà Properties S.A. De C.V.
and
Yarotsky, Brad
and
Bellabono, Santino

Status: Awaiting Decision

Panel: Gordon Hamilton

Hearing concluded.        

Lionexo
and
Quattro Enterprises EOOD

Status:  Awaiting Decision

Panel: Gordon Hamilton (Chair)

Hearing concluded.

Boss Capital
and
Melnic Group Ltd.

Status:  Awaiting Decision

Panel:  Gordon Hamilton (Chair)

Hearing concluded.

FMTrader

Status:  Awaiting Decision

Panel:  Gordon Hamilton (Chair)

Hearing concluded.

RBinary
and
RBinary Limited

Status:  Awaiting Decision

Panel:  Gordon Hamilton (Chair)

Hearing concluded.

BinaryBook

Status:  Awaiting Decision

Panel:  Gordon Hamilton (Chair)

Hearing concluded.

Advanced Innovative Securities Limited
and
Lion Markets

Status:  Awaiting Decision

Panel:  Gordon Hamilton (Chair)

Hearing concluded.

Imperial Options
and
Global Transactions LP
and
Global Capital Ltd.

Status: Awaiting Decision

Panel:  Gordon Hamilton (Chair)
 

Hearing concluded.

Titan Trade
and
Titan Trade Solutions Limited

Status:  Awaiting Decision

Panel:  Gordon Hamilton (Chair)

Hearing concluded.

ISeeBinary
and
Option Ventures

Status:  Awaiting Decision

Panel:  Gordon Hamilton (Chair)

Hearing concluded.

Option500
and
Option Solution Online Limited
and
Option Solution Group Limited
and
Global Processing Solutions LP

Status:  Awaiting Decision

Panel:  Gordon Hamilton (Chair)

Hearing concluded.

Lbinary
and
Chelestra Limited

Status: Awaiting Decision

Panel: Gordon Hamilton (Chair), Howard Crofts and The Honourable Mr. Justice Larry Kyle.  

Hearing concluded.

Options Rider
and
Option One (Aust) Pty Ltd.

Status:  Awaiting Decision

Panel: Gordon Hamilton (Chair), Howard Crofts, and The Honourable Mr. Justice Larry Kyle.

Securities Division

Suite 601, 1919 Saskatchewan Drive

Regina, Saskatchewan S4P 4H2

Tel: (306)787-5645

Fax: (306)787-5899

Email: fcaa@gov.sk.ca

Agree Term