Regulation Services has released a decision regarding the challenge to its jurisdiction over David Berry. The hearing was reported on PrefBlog on December 12 … the upshot is:
We are therefore of the view that we have the necessary jurisdiction to hear and decide the case brought by RS against the Respondent. It follows that the Motion to Stay the proceedings should be, and hereby is, dismissed.
The next chronological step in this process is the OSC hearing on March 6, which has been brought by David Berry to obtain disclosure of materials relating to the RS investigation of the affair and the RS settlements with Scotia and Marc McQuillen. The OSC is being appealed to after a denial of such disclosure by a Regulation Services panel.
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[…] has implications for the David Berry saga … RS ruled that it has jurisdiction over him (and could therefore judge whether he violated UMIR) – this ruling was, presumably, […]