Notice from the Office of the Secretary - IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, c. S.5, AS AMENDED - AND - IN THE MATTER OF MBS GROUP (CANADA) LTD., BALBIR AHLUWALIA AND MOHINDER AHLUWALIA

TORONTO, Nov. 9, 2012 /CNW/ - Upon considering the Agreed Statement of Facts filed jointly by Staff of the Commission, MBS Group (Canada) Ltd. and Balbir Ahluwalia on October 31, 2012 during the hearing on the merits, the Panel has issued its Decision in the above named matter.

A sanctions hearing will take place on January 10 and 11, 2013 at 10:00 a.m.

A copy of the Decision dated November 5, 2012 and the Agreed Statement of Facts and Respondents' Admissions are available at www.osc.gov.on.ca

OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY

SOURCE: Ontario Securities Commission