Order: In the Matter of Mark Odorico




File No. 2022-18


Andrea Burke (chair of the panel)
Sandra Blake
Cathy Singer


November 28, 2022



(Sections 8 and 21.7 of the Securities Act, RSO 1990, c S.5)

WHEREAS on November 25, 2022, the Capital Markets Tribunal held a hearing by videoconference to consider a motion by Mark Odorico for a stay of decisions of the Investment Industry Regulatory Organization of Canada (IIROC) dated April 7, 2022 and August 15, 2022 pending the disposition of his application for a hearing and review of those decisions;

AND WHEREAS a portion of the hearing proceeded on a confidential basis at the request of Odorico, with the issue of what portion, if any, of the corresponding hearing transcript would be kept confidential subject to further order of the Tribunal after receiving submissions in writing from the parties;

ON READING the materials filed by Odorico and by the representative of Staff of IIROC, and on hearing the oral testimony and submissions of Odorico and submissions of the representative of Staff of IIROC and of Staff of the Ontario Securities Commission;

IT IS ORDERED, for reasons to follow, that:

  1. Odorico’s motion for a stay is dismissed; and
  2. the transcript of the confidential portion of the hearing is to remain confidential pending further order of the Tribunal.


“Andrea Burke”
Andrea Burke
“Sandra Blake”
Sandra Blake
“Cathy Singer”
Cathy Singer