Order: Ontario Securities Commission v Andrew DeFrancesco
ONTARIO SECURITIES COMMISSION
(Applicant)
- and -
ANDREW DEFRANCESCO
(Respondent)
File No. 2025-10
Adjudicator:
Dale R. Ponder
September 3, 2025
ORDER
(Subsections 127(1) and 127(4.0.3) of the Securities Act, RSO 1990, c S.5)
WHEREAS the Capital Markets Tribunal held a hearing in writing to consider an application brought by the Ontario Securities Commission for an order imposing sanctions against the respondent, Andrew DeFrancesco, pursuant to subsections 127(1) and 127(4.0.3) of the Securities Act (the Act);
ON READING the materials filed by the Commission, and on considering that the respondent did not provide submissions in response to the application;
IT IS ORDERED THAT:
- pursuant to paragraphs 7, 8.1 and 8.3 of subsection 127(1) of the Act, DeFrancesco resign all positions he holds as a director or officer of any issuer, registrant, or investment fund manager; and
- pursuant to paragraphs 8, 8.2 and 8.4 of subsection 127(1) of the Act, DeFrancesco is prohibited permanently from becoming or acting as a director or officer of any issuer, registrant, or investment fund manager.
“Dale R. Ponder”
Dale R. Ponder