Appeal, while upholding the convictions, reduced Drabinsky's sentence to 5 years. Drabinsky applied for leave to appeal to the Supreme Court of Canada, and the application was dismissed without costs on March 29, 2012. Drabinsky was originally held at Millhaven Institution, for assessment. In December 2011, he was transferred to serve out his sentence at Beaver Creek Institution, a minimum security prison, located in Gravenhurst, Ontario, and was released on day parole in February 2013. Drabinsky was granted full parole on January 20, 2014. Administrative proceedings were initiated against Livent, Drabinsky and others by the Ontario Securities Commission in 2001, and they were suspended in 2002 until all outstanding criminal proceedings had been completed. In February 2013, the OSC announced that hearings would take place on March 19, 2013, in the matter. Myron Gottlieb and Gordon Eckstein, who were the other parties in the proceedings, subsequently entered into settlement agreements with the OSC in September 2014 and May 2015 respectively. In 2017, the Ontario Securities Commission permanently banned Drabinsky from becoming a director or officer of any public company in Ontario. The OSC also prohibited him from acting as an investment promoter, and banned him from trading securities (other than as a retail investor, for trades within his RRSP or through a registered dealer for accounts in his name only). US proceedings In January 1999, Livent reached an administrative settlement with the Securities and Exchange Commission, while civil and criminal proceedings were simultaneously pursued against Drabinsky, Gottlieb and certain other former Livent employees. In 2005, former investors in Livent corporate bonds won a $23.3 million judgment against Drabinsky and Gottlieb in the United States District Court for the Southern District of New York, for which enforcement of the judgment was upheld by the Ontario Court of Appeal in 2008. On June 25, 2019, legal authorities in New York dismissed all outstanding criminal charges against Drabinsky (almost 20 years after accusing him of fraud involving Livent Inc.) with prejudice. Assistant United States attorney, Sarah Eddy, said the dismissal is appropriate because Mr. Drabinsky had already been prosecuted in Canada for the fraud. While the outstanding charges had been dormant for many years, they impeded Mr. Drabinsky from being able to travel to the United States, for fear of extradition. Drabinsky is now free to travel to-and-from the United States, and has been doing so frequently while working on his new musical,