Order: Ontario Securities Commission v Alli

Order

BETWEEN:

ONTARIO SECURITIES COMMISSION
(Applicant)

- and -

NAYEEM ALLI
(Respondent)

 

File No. 2025-26

Adjudicator:
M. Cecilia Williams

January 30, 2026

ORDER

WHEREAS on the Capital Markets Tribunal held a hearing in writing to consider a request by the respondent Nayeem Alli to vary a deadline contained in the Tribunal’s order dated November 26, 2025 (November 25 Order);

ON READING the submissions of Alli, on his own behalf, and of the representative for the Ontario Securities Commission and on considering that the parties consent to this order;

IT IS ORDERED THAT:

  1. paragraph 4 of the November 26 Order is varied as follows:
    1. by 4:30 p.m. on February 25, 2026, the respondent shall serve and file his affidavit evidence and written submissions on the merits, sanctions and costs;
  2. paragraph 5 of the November 26 Order is varied as follows:
    1. by 4:30 p.m. on March 16, 2026, the OSC shall serve and file its reply affidavit evidence and reply submissions on merits, sanctions and costs, of any;
  3. in the event the respondent does not serve and file any affidavit evidence and written submissions on the merits, sanctions and costs by 4:30 p.m. on February 26, 2026, the Tribunal will proceed to determine the application in writing based on the materials that have been filed.

M. Cecilia Williams
M. Cecilia Williams