Message Alert

The Financial and Consumer Affairs Authority has closed its offices as a preventative COVID-19 measure. Read our COVID-19 alert to see what changes have been made in response to the crisis.

Financial and Consumer Affairs Authority of Saskatchewan

FCAA is Saskatchewan’s financial and consumer marketplace regulator.

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

    Hearing Room 7th Floor
    1919 Saskatchewan Drive, Regina, Saskatchewan

    Date:  April 21, 2020

    Time:  9:00am (CST)

    Vision Financial Markets LLC
    Cliff Krause

    Status:  Hearing

    Panel:  Peter Carton (Chair), The Honourable Mr. Justice John Klebuc and Norman Halldorson

     

    Hearing Room 7th Floor
    1919 Saskatchewan Drive, Regina, Saskatchewan

     

    Jack Louis Comeau
    Pinnacle Wealth Brokers Inc.
    Grasswood Property Finance Ltd.

    Status:  Hearing (adjourned sine die)

    Panel:  Howard Crofts (Chair), Norman Halldorson, and Peter Carton

    Hearing Room 7th Floor
    1919 Saskatchewan Drive, Regina, Saskatchewan

     


    Gaetan Daniel Blouin

    Status:  Hearing (adjourned sine die)

    Panel:  Howard Crofts (Chair), Norman Halldorson, and The Honourable Mr. Justice Eugene Scheibel
     
    Hearing concluded.        

    Lionexo
    Quattro Enterprises EOOD

    Status:  Awaiting Decision

    Panel: Gordon Hamilton (Chair)

    Hearing concluded.

    Boss Capital
    Melnic Group Ltd.

    Status:  Awaiting Decision

    Panel:  Gordon Hamilton (Chair)

    Hearing concluded.

    FMTrader

    Status:  Awaiting Decision

    Panel:  Gordon Hamilton (Chair)

    Hearing concluded.        

    RBinary 
    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
    Lion Markets

    Status:  Awaiting Decision

    Panel:  Gordon Hamilton (Chair)

    Hearing concluded.

    Imperial Options
    Global Transactions LP
    Global Capital Ltd.

    Status:  Awaiting Decision

    Panel:  Gordon Hamilton (Chair)
     

    Hearing concluded.

    Titan Trade
    Titan Trade Solutions Limited

    Status:  Awaiting Decision

    Panel:  Gordon Hamilton (Chair)

    Hearing concluded.

    ISeeBinary
    Option Ventures

    Status:  Awaiting Decision

    Panel:  Gordon Hamilton (Chair)

    Hearing concluded.

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

    Status:  Awaiting Decision

    Panel:  Gordon Hamilton (Chair)

    Hearing concluded.

    Lbinary
    Chelestra Limited

    Status:  Awaiting Decision

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

    Hearing concluded.

    Options Rider                                                                
    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

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