Notice from the Office of the Secretary - Ontario Securities Commission

IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5, AS AMENDED

- AND -

IN THE MATTER OF A HEARING AND REVIEW OF THE DECISION
OF THE INVESTMENT INDUSTRY REGULATORY ORGANIZATION OF CANADA REGARDING PORTFOLIO STRATEGIES SECURITIES INC.

- AND –

IN THE MATTER OF CLIFFORD TODD MONAGHAN

TORONTO, Aug. 11, 2015 /CNW/ - On August 10, 2015, the Commission issued a Notice of Hearing to consider a request made by Clifford Todd Monaghan for a Hearing and Review of a Decision of the Ontario District Council of the Investment Industry Regulatory Organization Of Canada ("IIROC"), which approved an Application for Investors Holding 10% or More of an IIROC Member Firm, filed by Portfolio Strategies Securities Inc.

The hearing will be held on October 16, 2015 at 10:00 a.m. or as soon thereafter as the hearing can be held at Commission's offices at 20 Queen Street West, 17^th Floor, Toronto, Ontario.

A confidential pre-hearing conference will be held at the offices of the Commission at 20 Queen Street West, 17^th Floor, on August 18, 2015 at 12:00 p.m.

A copy of the Notice of Hearing dated August 10, 2015 and the Application dated May 15, 2015 are available at www.osc.gov.on.ca

OFFICE OF THE SECRETARY
JOSÉE TURCOTTE
SECRETARY

SOURCE Ontario Securities Commission

For media inquiries: [email protected]; For investor inquiries: OSC Contact Centre, 416-593-8314, 1-877-785-1555 (Toll Free)