Order: In the Matter of Money Gate Mortgage Investment Corporation et al.

Order

IN THE MATTER OF
MONEY GATE MORTGAGE INVESTMENT CORPORATION, MONEY GATE CORP., MORTEZA KATEBIAN and PAYAM KATEBIAN

Timothy Moseley, Vice-Chair and Chair of the Panel

File No. 2017-79

May 29, 2020

ORDER

WHEREAS on May 28, 2020, the Ontario Securities Commission (the Commission) held a hearing by teleconference;   

ON HEARING the submissions of the representatives for Staff of the Commission, and for Money Gate Corp., Morteza Katebian and Payam Katebian (the Remaining Respondents), and no one appearing on behalf of Money Gate Mortgage Investment Corporation;

IT IS ORDERED THAT:

  1. the hearing date of June 4, 2020 is vacated;
  2. the Remaining Respondents shall serve the summary of Payam Katebian’s anticipated evidence on Staff by no later than June 8, 2020; and
  3. the hearing with respect to sanctions and costs will commence on July 14, 2020, at 10:00 a.m., and will continue on July 23, 2020, at 10:00 a.m., or such other dates and times as provided by the Office of the Secretary and agreed to by the parties. 

 

Timothy Moseley "
Timothy Moseley