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<title>Terra Nova Financial Group, Inc. - Form S-8</title>
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<br>
<font size="2">As filed with the Securities and Exchange Commission on November
28, 2007 <br>
<br>
<div align="right">Registration No.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div>
</font><br>
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<div align="center"><font size="3"><b>UNITED STATES <br>
  SECURITIES AND EXCHANGE COMMISSION <br>
  Washington, D.C. 20549 <br>
  <br>
  _________________________ <br>
  FORM S-8 <br>
  <br>
  REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 </b><br>
  _________________________ </font><br>
  <font size="5"><b>TERRA NOVA FINANCIAL GROUP, INC.</b></font><br>
  <font size="2">(Exact name of Registrant as specified in its charter)</font><br>
  <br>
</div>
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      <div align="center"><font size="2"><b>Texas</b><br>
        (State or other jurisdiction of incorporation or organization) </font></div>
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    <td width="10%">&nbsp;</td>
    <td width="45%">
      <div align="center"><font size="2"><b>75-2375969 </b><br>
        (I.R.S. Employer Identification No.)</font></div>
    </td>
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    <td width="10%">&nbsp;</td>
    <td width="45%">&nbsp;</td>
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      <div align="center"><font size="2"><b>100 South Wacker Drive, Suite 1500
        <br>
        Chicago, Illinois</b><br>
        (Address of Principal Executive Offices) </font></div>
    </td>
    <td width="10%">&nbsp;</td>
    <td width="45%" valign="bottom">
      <div align="center"><font size="2"> <b>60606</b><br>
        (Zip Code)</font></div>
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<br>
<div align="center"><font size="2">_________________________ <br>
  <br>
  <b><font size="4">2005 LONG TERM INCENTIVE PLAN </font></b><br>
  (Full title of the plan(s))<br>
  _________________________ <br>
  <br>
  <b>Michael G. Nolan <br>
  President and Chief Executive Officer <br>
  Terra Nova Financial Group, Inc. <br>
  100 South Wacker Drive, Suite 1500 <br>
  Chicago, Illinois 60606 </b><br>
  (Name and address of agent for service)<br>
  <b>(312) 827-3600 </b><br>
  <br>
  <b>CALCULATION OF REGISTRATION FEE</b></font></div>
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      <div align="center"><b><font size="2"><br>
        Title of Securities <br>
        to be Registered </font></b></div>
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    <td width="20%" valign=top style='border-top:double 2.25pt;  border-left:none;border-bottom:solid .5pt;border-right:solid .5pt;  border-color:windowtext; padding:0in 6.0pt 0in 6.0pt'>
      <div align="center"><b><font size="2"><br>
        Amount to be <br>
        Registered </font></b></div>
    </td>
    <td width="20%" valign=top style='border-top:double 2.25pt;  border-left:none;border-bottom:solid .5pt;border-right:solid .5pt;  border-color:windowtext; padding:0in 6.0pt 0in 6.0pt'>
      <div align="center"><b><font size="2"><br>
        Proposed <br>
        Maximum <br>
        Offering Price <br>
        Per Share </font></b></div>
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    <td width="20%" valign=top style='border-top:double 2.25pt;  border-left:none;border-bottom:solid .5pt;border-right:solid .5pt;  border-color:windowtext; padding:0in 6.0pt 0in 6.0pt'>
      <div align="center"><b><font size="2"><br>
        Proposed <br>
        Maximum <br>
        Aggregate <br>
        Offering Price </font></b></div>
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    <td width="20%" valign=top style='border-top:double 2.25pt;  border-left:none;border-bottom:solid .5pt;border-right:none;  border-color:windowtext; padding:0in 6.0pt 0in 6.0pt'>
      <div align="center"><b><font size="2"><br>
        Amount of <br>
        Registration Fee </font></b></div>
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      <div align="center"><font size="2">Common Stock <br>
        $0.01 par value </font></div>
    </td>
    <td width="20%" valign=top style='border-top:none;  border-left:none;border-bottom:solid .5pt;border-right:solid .5pt;  border-color:windowtext; padding:0in 6.0pt 0in 6.0pt'>
      <div align="center"><font size="2">1,000,000 (1) </font></div>
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    <td width="20%" valign=top style='border-top:none;  border-left:none;border-bottom:solid .5pt;border-right:solid .5pt;  border-color:windowtext; padding:0in 6.0pt 0in 6.0pt'>
      <div align="center"><font size="2">$1.55 (2) </font></div>
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    <td width="20%" valign=top style='border-top:none;  border-left:none;border-bottom:solid .5pt;border-right:solid .5pt;  border-color:windowtext; padding:0in 6.0pt 0in 6.0pt'>
      <div align="center"><font size="2">$1,550,000 (2) </font></div>
    </td>
    <td width="20%" valign=top style='border-top:none;  border-left:none;border-bottom:solid .5pt;border-right:none;  border-color:windowtext; padding:0in 6.0pt 0in 6.0pt'>
      <div align="center"><font size="2">$47.59</font></div>
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<br>
<font size="2"> (1) Pursuant to Rule 416 under the Securities Act of 1933, as
amended (the "Securities Act") in the event of a stock split, stock dividend,
or similar transaction involving the Common Stock, the number of shares registered
shall be automatically increased to cover additional shares. <br>
<br>
(2) Estimated solely for purposes of calculating the amount of the registration
fee pursuant to Rule 457(c) and Rule 457(h) under the Securities Act, based on
the average of the bid and asked price of such securities on the NASD over-the-counter
bulletin board on November 28, 2007, a date within five business days prior to
filing. <br>
<br>
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<font size="2"> </font> <br clear="all" style="page-break-before:always;">
<br>
<font size="2">
<div align="center"><b>EXPLANATORY NOTE</b></div>
<br>
This Registration Statement on Form S-8 (this "Registration Statement") is being
filed for the purpose of registering an additional 1,000,000 shares common stock,
par value $.01 per share ("Common Stock") of Terra Nova Financial Group, Inc.,
formerly known as Rush Financial Technologies, Inc., (the "Company") to be issued
pursuant to the Company's 2005 Long-Term Incentive Plan (the "Plan"). <br>
<br>
On September 9, 2005, the Company's filed a Registration Statement on Form S-8
(File No. 333-128242) to register 2,252,274 shares of Common Stock to be issued
under the Plan. Shareholders approved an amendment to the Plan, as recommended
by the Company's Board of Directors, at an annual meeting of shareholders held
on May 23, 2007. <br>
<br>
Pursuant to and as permitted by General Instruction E to Form S-8, the contents
of the Company's Registration Statement on Form S-8, File No. 333-128242, including
documents incorporated by reference therein, are incorporated by reference herein.
<br>
<b><br>
</b>
<div align="center"><b>PART I <br>
  INFORMATION REQUIRED TO BE IN THE SECTION 10(a) PROSPECTUS</b></div>
<br>
The document or documents containing the information specified in Part I are not
required to be filed with the Commission as part of this S-8 Registration Statement.
<br>
<br>
<div align="center"><b>PART II <br>
  INFORMATION REQUIRED IN THE REGISTRATION STATEMENT </b></div>
<b><br>
Item 3. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Incorporation
of Documents by Reference. </b><br>
<br>
The Company hereby incorporates by reference in this Registration Statement the
following documents previously filed with the Securities and Exchange Commission
(the "Commission"): <br>
<br>
<div align="center">Terra Nova Financial Group, Inc.<br>
  <u>Commission Filing (File No. 000-24057)</u> </div>
<br>
Annual Report on Form 10-KSB for the fiscal year ended December 31, 2006, filed
with the Commission on April 2, 2007 <br>
<br>
All other reports filed pursuant to Section 13(a) or 15(d) of the Securities Exchange
Act of 1934, as amended, since the end of the fiscal year covered by the Annual
Report referred to in (a) above. <br>
<br>
The description of the Company's Common Stock set forth under the caption "Description
of Capital Stock" in the Company's Registration Statement on Form SB-2, as amended,
File No. 333?136194, filed with the Commission and effective on February 13, 2007.
<br>
<br>
All documents filed by the Company with the Commission pursuant to Sections 13(a),
13(c), 14 and 15(d) of the Securities Exchange Act of 1934, as amended, subsequent
to the date of this Registration Statement shall be deemed to be incorporated
herein by reference and to be a part hereof from the date of filing of such documents
until such time as there shall have been filed a post-effective amendment that
indicates that all securities offered under the Registration Statement have been
sold or that deregisters all securities remaining unsold at the time of the amendment.
<br>
<br>
Any statement contained herein or in a document incorporated or deemed to be incorporated
by reference herein shall be deemed to be modified or superseded for purposes
of this Registration Statement to the </font><br>
<br>
<br>
<hr noshade>
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<br>
<font size="2">extent that the statement contained herein or in any subsequently
filed document that is or is deemed to be incorporated by reference herein, or
in any document forming any part of the Section 10(a) Prospectus to be delivered
to participants in connection herewith, modifies or supersedes such statement.
Any statement so modified or superseded shall not be deemed, except as so modified
or superseded, to constitute a part of this Registration Statement. <br>
<br>
<b>Item 8. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exhibits
</b><br>
</font><br>
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    <td width="5%"><font size="2">(a) </font></td>
    <td width="90%"><font size="2">Exhibits</font></td>
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<br>
<font size="2"> </font>
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    <td width="5%">&nbsp;</td>
    <td width="6%"><u><font size="2">Exhibit</font></u></td>
    <td width="89%"><u><font size="2"> Description </font></u></td>
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    <td width="6%">&nbsp;</td>
    <td width="89%">&nbsp;</td>
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    <td width="5%">&nbsp;</td>
    <td valign="top" width="6%"><font size="2">4.1 </font></td>
    <td valign="top" width="89%"><font size="2">Articles of Incorporation, as
      amended, of the Company (reference is made to Company's Registration Statement
      on Form SB-2, as amended, File No. 333?136194, filed with the Commission
      and effective on July 31, 2006, together with any exhibits thereto, which
      are incorporated herein by reference). </font></td>
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    <td width="5%">&nbsp;</td>
    <td valign="top" width="6%">&nbsp;</td>
    <td valign="top" width="89%">&nbsp;</td>
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    <td width="5%">&nbsp;</td>
    <td valign="top" width="6%"><font size="2">4.2 </font></td>
    <td valign="top" width="89%"><font size="2">2005 Long-Term Incentive Plan
      (incorporated by reference to Exhibit B of the Company's definitive Proxy
      Statement on Schedule 14A filed May 12, 2005 (File No. 000-24057)) </font></td>
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    <td width="5%">&nbsp;</td>
    <td valign="top" width="6%">&nbsp;</td>
    <td valign="top" width="89%">&nbsp;</td>
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    <td width="5%">&nbsp;</td>
    <td valign="top" width="6%"><font size="2">4.3 </font></td>
    <td valign="top" width="89%"><font size="2">Amendment No. 1 to 2005 Long-Term
      Incentive Plan (filed herewith) </font></td>
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    <td width="5%">&nbsp;</td>
    <td valign="top" width="6%">&nbsp;</td>
    <td valign="top" width="89%">&nbsp;</td>
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    <td width="5%">&nbsp;</td>
    <td valign="top" width="6%"><font size="2">5.1 </font></td>
    <td valign="top" width="89%"><font size="2">Opinion of Andrews Kurth LLP (filed
      herewith) </font></td>
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    <td width="5%">&nbsp;</td>
    <td valign="top" width="6%">&nbsp;</td>
    <td valign="top" width="89%">&nbsp;</td>
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    <td width="5%">&nbsp;</td>
    <td valign="top" width="6%"><font size="2">23.1 </font></td>
    <td valign="top" width="89%"><font size="2">Consent of Andrews Kurth LLP (included
      in their opinion filed as Exhibit 5.1) (filed herewith) </font></td>
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    <td width="5%">&nbsp;</td>
    <td valign="top" width="6%">&nbsp;</td>
    <td valign="top" width="89%">&nbsp;</td>
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    <td width="5%">&nbsp;</td>
    <td valign="top" width="6%"><font size="2">23.2 </font></td>
    <td valign="top" width="89%"><font size="2">Consent of KBA GROUP LLP (filed
      herewith) </font></td>
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    <td width="5%">&nbsp;</td>
    <td valign="top" width="6%">&nbsp;</td>
    <td valign="top" width="89%">&nbsp;</td>
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    <td width="5%">&nbsp;</td>
    <td valign="top" width="6%"><font size="2">24.1 </font></td>
    <td valign="top" width="89%"><font size="2">Power of Attorney (included on
      Signature Page to the Registration Statement) </font></td>
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<b><font size="2"><br>
<br>
Item 9. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Undertakings
</font></b><br>
<br>
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    <td width="5%">&nbsp;</td>
    <td width="5%"><font size="2">(a) </font></td>
    <td width="90%"><font size="2">The undersigned Registrant hereby undertakes:
      </font></td>
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<br>
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    <td width="10%">&nbsp;</td>
    <td valign="top" width="5%"><font size="2">(1) </font></td>
    <td valign="top" width="85%"><font size="2">To file, during any period in
      which offers or sales are being made, a post-effective amendment to the
      Registration Statement: </font> </td>
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<br>
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    <td width="15%">&nbsp;</td>
    <td valign="top" width="5%"><font size="2">(i) </font></td>
    <td valign="top" width="80%"><font size="2">To include any prospectus required
      by Section 10(a)(3) of the Securities Act; </font></td>
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    <td width="15%">&nbsp;</td>
    <td valign="top" width="5%">&nbsp;</td>
    <td valign="top" width="80%">&nbsp;</td>
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    <td width="15%">&nbsp;</td>
    <td valign="top" width="5%"><font size="2">(ii) </font></td>
    <td valign="top" width="80%"><font size="2">To reflect in the prospectus any
      facts or events arising after the effective date of the Registration Statement
      (or the most recent post-effective amendment thereof) which, individually
      or in the aggregate, represent a fundamental change in the information set
      forth in the Registration Statement. Notwithstanding the foregoing, any
      increase or decrease in volume of securities offered (if the total dollar
      value of securities offered would not exceed that which was registered)
      and any deviation from the low or high end of the estimated maximum offering
      range may be reflected in the form of a prospectus filed with the Commission
      pursuant to Rule 424(b) if, in the aggregate, the changes in volume and
      price represent no more than a 20% change in the maximum aggregate offering
      price set forth in the "Calculation of registration Fee" table in the effective
      Registration Statement. </font></td>
  </tr>
</table>
<br>
<br>
<br>
<hr noshade>
<br clear="all" style="page-break-before:always;">
<br>
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    <td width="15%">&nbsp;</td>
    <td valign="top" width="5%"><font size="2">(iii) </font></td>
    <td valign="top" width="80%"><font size="2">To include any material information
      with respect to the plan of distribution not previously disclosed in the
      Registration Statement or any material change to such information in the
      Registration Statement; provided however, that provisions (i) and (ii) of
      this undertaking do not apply if the information required to be included
      in a post-effective amendment thereunder is contained in periodic reports
      filed with or furnished to the Commission by the Company pursuant to Section
      13 or Section 15(d) of the Exchange Act that are incorporated by reference
      in the Registration Statement. </font></td>
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</table>
<br>
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    <td width="10%">&nbsp;</td>
    <td width="5%" valign="top"><font size="2">(2) </font></td>
    <td width="85%" valign="top"><font size="2">That, for the purpose of determining
      any liability under the Securities Act, each such post-effective amendment
      shall be deemed to be a new registration statement relating to the securities
      offered therein, and the offering of such securities at that time shall
      be deemed to be the initial bona fide offering thereof. </font></td>
  </tr>
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    <td width="10%">&nbsp;</td>
    <td width="5%" valign="top">&nbsp;</td>
    <td width="85%" valign="top">&nbsp;</td>
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    <td width="10%">&nbsp;</td>
    <td width="5%" valign="top"><font size="2">(3) </font></td>
    <td width="85%" valign="top"><font size="2">To remove from registration by
      means of a post-effective amendment any of the securities being registered
      which remain unsold at the termination of the offering. </font></td>
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</table>
<br>
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    <td width="5%">&nbsp;</td>
    <td width="5%" valign="top"><font size="2">(b) </font></td>
    <td width="90%" valign="top"><font size="2">The undersigned Registrant hereby
      undertakes that, for purposes of determining any liability under the Securities
      Act, each filing of the Registrant's annual report pursuant to Section 13(a)
      or Section 15(d) of the Exchange Act (and, where applicable, each filing
      of an employee benefit plan's annual report pursuant to Section 15(d) of
      the Exchange Act) that is incorporated by reference in the Registration
      Statement shall be deemed to be a new registration statement relating to
      the securities offered therein, and the offering of such securities at that
      time shall be deemed to be the initial bona fide offering thereof. </font></td>
  </tr>
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    <td width="5%">&nbsp;</td>
    <td width="5%" valign="top">&nbsp;</td>
    <td width="90%" valign="top">&nbsp;</td>
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    <td width="5%">&nbsp;</td>
    <td width="5%" valign="top"><font size="2">(c) </font></td>
    <td width="90%" valign="top"><font size="2">Insofar as indemnification for
      liabilities arising under the Securities Act may be permitted to directors,
      officers and controlling persons of the registrant pursuant to the foregoing
      provisions, or otherwise, the Registrant has been advised that in the opinion
      of the Commission such indemnification is against public policy as expressed
      in the Securities Act and is, therefore, unenforceable. In the event that
      a claim for indemnification against such liabilities (other than director,
      officer or controlling person in the successful defense of any action, suit
      or proceeding) is asserted by such director, officer or controlling person
      in connection with the securities being registered, the Company will, unless
      in the opinion of its counsel the matter has been settled by controlling
      precedent, submit to a court of appropriate jurisdiction the question whether
      such indemnification by it is against public policy as expressed in the
      Securities Act and will be governed by the final adjudication of such issue.
      </font></td>
  </tr>
</table>
<br>
<br>
<br>
<hr noshade>
<br clear="all" style="page-break-before:always;">
<br>
<font size="2">
<div align="center"><b>SIGNATURES</b> </div>
<br>
Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies
that it has reasonable grounds to believe that it meets all of the requirements
for filing on Form S-8 and has duly caused this Registration Statement to be signed
on its behalf by the undersigned, thereunto duly authorized, in the City of Chicago,
State of Illinois, on November 28, 2007. <br>
<br>
</font>
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    <td>&nbsp;</td>
    <td colspan="2"><font size="2">TERRA NOVA FINANCIAL GROUP, INC. </font></td>
  </tr>
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    <td width="50%">&nbsp;</td>
    <td width="3%">&nbsp;</td>
    <td width="47%">&nbsp;</td>
  </tr>
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    <td width="50%">&nbsp;</td>
    <td width="3%">&nbsp;</td>
    <td width="47%">&nbsp;</td>
  </tr>
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    <td width="50%">&nbsp;</td>
    <td valign="top" width="3%"><font size="2">By:</font></td>
    <td valign="top" width="47%"><font size="2"><u>/s/ MICHAEL G. NOLAN&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      </u><br>
      Michael G. Nolan <br>
      Chief Executive Officer and President </font></td>
  </tr>
</table>
<font size="2"><br>
<br>
Pursuant to the requirements of the Securities Act of 1933, this Registration
Statement has been signed by the following persons in the capacities and on the
date indicated. <br>
<br>
<div align="center"><b>POWER OF ATTORNEY </b></div>
<br>
Each person whose signature to this Registration Statement appears below hereby
appoints Michael G. Nolan and Murrey Wanstrath, and each of them, such person's
attorney-in-fact with full power to act alone for such person and in such person's
name, place and stead, with full power of substitution or resubstitution, to sign
on such person's behalf in any and all capacities, any and all amendments to this
Registration Statement on Form S-8, hereby ratifying and confirming all that said
attorney-in-fact may or shall lawfully do or cause to be done by virtue hereof.
<br>
<br>
Executed as of the date set forth opposite each person's signature set forth below.
<br>
<br>
</font>
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    <td width="25%">
      <div align="center"><u><font size="2">Signature </font></u></div>
    </td>
    <td width="17%">&nbsp;</td>
    <td width="25%">
      <div align="center"><u><font size="2"> Title </font></u></div>
    </td>
    <td width="18%">&nbsp;</td>
    <td width="25%">
      <div align="center"><u><font size="2">Date</font></u></div>
    </td>
  </tr>
  <tr>
    <td width="25%">&nbsp;</td>
    <td width="17%">&nbsp;</td>
    <td width="25%">&nbsp;</td>
    <td width="18%">&nbsp;</td>
    <td width="25%">&nbsp;</td>
  </tr>
  <tr valign="top">
    <td width="25%"><font size="2"><u>/s/ MICHAEL G. NOLAN</u><br>
      Michael G. Nolan </font></td>
    <td width="17%">&nbsp;</td>
    <td width="25%" nowrap><font size="2">Chief Executive Officer and President
      <br>
      (Principal Executive Officer) </font></td>
    <td width="18%">&nbsp;</td>
    <td width="25%">
      <div align="center"><u><font size="2">November 28, 2007</font></u></div>
    </td>
  </tr>
  <tr>
    <td width="25%">&nbsp;</td>
    <td width="17%">&nbsp;</td>
    <td width="25%">&nbsp;</td>
    <td width="18%">&nbsp;</td>
    <td width="25%">
      <div align="center"></div>
    </td>
  </tr>
  <tr valign="top">
    <td width="25%"><font size="2"> <u>/s/ MURREY WANSTRATH</u><br>
      Murrey Wanstrath </font></td>
    <td width="17%">&nbsp;</td>
    <td width="25%" nowrap><font size="2">Chief Financial Officer and Director
      </font></td>
    <td width="18%">&nbsp;</td>
    <td width="25%">
      <div align="center"><u><font size="2">November 28, 2007 </font></u></div>
    </td>
  </tr>
  <tr>
    <td width="25%">&nbsp;</td>
    <td width="17%">&nbsp;</td>
    <td width="25%">&nbsp;</td>
    <td width="18%">&nbsp;</td>
    <td width="25%">
      <div align="center"></div>
    </td>
  </tr>
  <tr valign="top">
    <td width="25%"><font size="2"><u>/s/ CHARLES B. BREWER</u><br>
      Charles B. Brewer </font></td>
    <td width="17%">&nbsp;</td>
    <td width="25%"><font size="2">Director</font></td>
    <td width="18%">&nbsp;</td>
    <td width="25%">
      <div align="center"><u><font size="2">November 28, 2007</font></u></div>
    </td>
  </tr>
  <tr>
    <td width="25%">&nbsp;</td>
    <td width="17%">&nbsp;</td>
    <td width="25%">&nbsp;</td>
    <td width="18%">&nbsp;</td>
    <td width="25%">
      <div align="center"></div>
    </td>
  </tr>
  <tr valign="top">
    <td width="25%"><font size="2"> /<u>s/ RUSSELL N. CRAWFORD</u><br>
      Russell N. Crawford</font></td>
    <td width="17%">&nbsp;</td>
    <td width="25%"><font size="2">Director</font></td>
    <td width="18%">&nbsp;</td>
    <td width="25%">
      <div align="center"><u><font size="2">November 28, 2007</font></u></div>
    </td>
  </tr>
  <tr>
    <td width="25%">&nbsp;</td>
    <td width="17%">&nbsp;</td>
    <td width="25%">&nbsp;</td>
    <td width="18%">&nbsp;</td>
    <td width="25%">
      <div align="center"></div>
    </td>
  </tr>
  <tr valign="top">
    <td width="25%"><font size="2"> <u>/s/ GAYLE C. TINSLEY</u><br>
      Gayle C. Tinsley</font></td>
    <td width="17%">&nbsp;</td>
    <td width="25%"><font size="2">Director</font></td>
    <td width="18%">&nbsp;</td>
    <td width="25%">
      <div align="center"><u><font size="2">November 28, 2007</font></u></div>
    </td>
  </tr>
  <tr>
    <td width="25%">&nbsp;</td>
    <td width="17%">&nbsp;</td>
    <td width="25%">&nbsp;</td>
    <td width="18%">&nbsp;</td>
    <td width="25%">
      <div align="center"></div>
    </td>
  </tr>
  <tr valign="top">
    <td width="25%"><font size="2"><u>/s/ STEPHEN B. WATSON</u><br>
      Stephen B. Watson</font></td>
    <td width="17%">&nbsp;</td>
    <td width="25%"><font size="2">Director</font></td>
    <td width="18%">&nbsp;</td>
    <td width="25%">
      <div align="center"><u><font size="2">November 28, 2007</font></u></div>
    </td>
  </tr>
  <tr>
    <td width="25%">&nbsp;</td>
    <td width="17%">&nbsp;</td>
    <td width="25%">&nbsp;</td>
    <td width="18%">&nbsp;</td>
    <td width="25%">
      <div align="center"></div>
    </td>
  </tr>
  <tr valign="top">
    <td width="25%"><font size="2"> <u>/s/ BERNAY BOX </u><br>
      Bernay Box </font></td>
    <td width="17%">&nbsp;</td>
    <td width="25%"><font size="2">Director</font></td>
    <td width="18%">&nbsp;</td>
    <td width="25%">
      <div align="center"><u><font size="2">November 28, 2007</font></u></div>
    </td>
  </tr>
</table>
<font size="2"> </font><br>
<br>
<hr noshade>
<br clear="all" style="page-break-before:always;">
<br>
<div align="center"><b><font size="2"><u>EXHIBIT INDEX</u></font></b></div>
 <br>
<table width="100%" cellspacing="0">
  <tr>
    <td width="5%">&nbsp;</td>
    <td width="6%"><u><font size="2">Exhibit</font></u></td>
    <td width="89%"><u><font size="2"> Description </font></u></td>
  </tr>
  <tr>
    <td width="5%">&nbsp;</td>
    <td width="6%">&nbsp;</td>
    <td width="89%">&nbsp;</td>
  </tr>
  <tr>
    <td width="5%">&nbsp;</td>
    <td valign="top" width="6%"><font size="2">4.1 </font></td>
    <td valign="top" width="89%"><font size="2">Articles of Incorporation, as
      amended, of the Company (reference is made to Company's Registration Statement
      on Form SB-2, as amended, File No. 333?136194, filed with the Commission
      and effective on July 31, 2006, together with any exhibits thereto, which
      are incorporated herein by reference. </font></td>
  </tr>
  <tr>
    <td width="5%">&nbsp;</td>
    <td valign="top" width="6%">&nbsp;</td>
    <td valign="top" width="89%">&nbsp;</td>
  </tr>
  <tr>
    <td width="5%">&nbsp;</td>
    <td valign="top" width="6%"><font size="2">4.2 </font></td>
    <td valign="top" width="89%"><font size="2">2005 Long-Term Incentive Plan
      (incorporated by reference to Exhibit B of the Company's definitive Proxy
      Statement on Schedule 14A filed May 12, 2005 (File No. 000-24057)) </font></td>
  </tr>
  <tr>
    <td width="5%">&nbsp;</td>
    <td valign="top" width="6%">&nbsp;</td>
    <td valign="top" width="89%">&nbsp;</td>
  </tr>
  <tr>
    <td width="5%">&nbsp;</td>
    <td valign="top" width="6%"><font size="2">4.3 </font></td>
    <td valign="top" width="89%"><font size="2">Amendment No. 1 to 2005 Long-Term
      Incentive Plan (filed herewith) </font></td>
  </tr>
  <tr>
    <td width="5%">&nbsp;</td>
    <td valign="top" width="6%">&nbsp;</td>
    <td valign="top" width="89%">&nbsp;</td>
  </tr>
  <tr>
    <td width="5%">&nbsp;</td>
    <td valign="top" width="6%"><font size="2">5.1 </font></td>
    <td valign="top" width="89%"><font size="2">Opinion of Andrews Kurth LLP (filed
      herewith) </font></td>
  </tr>
  <tr>
    <td width="5%">&nbsp;</td>
    <td valign="top" width="6%">&nbsp;</td>
    <td valign="top" width="89%">&nbsp;</td>
  </tr>
  <tr>
    <td width="5%">&nbsp;</td>
    <td valign="top" width="6%"><font size="2">23.1 </font></td>
    <td valign="top" width="89%"><font size="2">Consent of Andrews Kurth LLP (included
      in their opinion filed as Exhibit 5.1) (filed herewith) </font></td>
  </tr>
  <tr>
    <td width="5%">&nbsp;</td>
    <td valign="top" width="6%">&nbsp;</td>
    <td valign="top" width="89%">&nbsp;</td>
  </tr>
  <tr>
    <td width="5%">&nbsp;</td>
    <td valign="top" width="6%"><font size="2">23.2 </font></td>
    <td valign="top" width="89%"><font size="2">Consent of KBA GROUP LLP (filed
      herewith) </font></td>
  </tr>
  <tr>
    <td width="5%">&nbsp;</td>
    <td valign="top" width="6%">&nbsp;</td>
    <td valign="top" width="89%">&nbsp;</td>
  </tr>
  <tr>
    <td width="5%">&nbsp;</td>
    <td valign="top" width="6%"><font size="2">24.1 </font></td>
    <td valign="top" width="89%"><font size="2">Power of Attorney (included on
      Signature Page to the Registration Statement) </font></td>
  </tr>
</table>
<br>
<br>
<hr noshade>
<font size="2"> </font>
</body>
</html>
[{"type": "S-8", "sequence": "1", "filename": "terras8.htm", "secsgml_size_bytes": 30789}]
{"company-data": {"conformed-name": "Terra Nova Financial Group Inc", "cik": "0000884892", "assigned-sic": "6211", "irs-number": "752375969", "state-of-incorporation": "TX", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-147671", "film-number": "071270869"}, "business-address": {"street1": "100 S WACKER DR", "street2": "STE 1550", "city": "CHICAGO", "state": "IL", "zip": "60606", "phone": "8668666546"}, "mail-address": {"street1": "100 S WACKER DR", "street2": "STE 1550", "city": "CHICAGO", "state": "IL", "zip": "60606"}, "former-company": [{"former-conformed-name": "RUSH FINANCIAL TECHNOLOGIES INC", "date-changed": "20040301"}, {"former-conformed-name": "RUSHMORE FINANCIAL GROUP INC", "date-changed": "19971211"}, {"former-conformed-name": "RUSHMORE CAPITAL CORP", "date-changed": "19971209"}]}
Terra Nova Financial Group, Inc. - Form S-8
As filed with the Securities and Exchange Commission on November
28, 2007
Registration No.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________________
FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
_________________________
TERRA NOVA FINANCIAL GROUP, INC.
(Exact name of Registrant as specified in its charter)
Texas
(State or other jurisdiction of incorporation or organization)
75-2375969
(I.R.S. Employer Identification No.)
100 South Wacker Drive, Suite 1500
Chicago, Illinois
(Address of Principal Executive Offices)
60606
(Zip Code)
_________________________
2005 LONG TERM INCENTIVE PLAN
(Full title of the plan(s))
_________________________
Michael G. Nolan
President and Chief Executive Officer
Terra Nova Financial Group, Inc.
100 South Wacker Drive, Suite 1500
Chicago, Illinois 60606
(Name and address of agent for service)
(312) 827-3600
CALCULATION OF REGISTRATION FEE
Title of Securities
to be Registered
Amount to be
Registered
Proposed
Maximum
Offering Price
Per Share
Proposed
Maximum
Aggregate
Offering Price
Amount of
Registration Fee
Common Stock
$0.01 par value
1,000,000 (1)
$1.55 (2)
$1,550,000 (2)
$47.59
(1) Pursuant to Rule 416 under the Securities Act of 1933, as
amended (the "Securities Act") in the event of a stock split, stock dividend,
or similar transaction involving the Common Stock, the number of shares registered
shall be automatically increased to cover additional shares.
(2) Estimated solely for purposes of calculating the amount of the registration
fee pursuant to Rule 457(c) and Rule 457(h) under the Securities Act, based on
the average of the bid and asked price of such securities on the NASD over-the-counter
bulletin board on November 28, 2007, a date within five business days prior to
filing.
EXPLANATORY NOTE
This Registration Statement on Form S-8 (this "Registration Statement") is being
filed for the purpose of registering an additional 1,000,000 shares common stock,
par value $.01 per share ("Common Stock") of Terra Nova Financial Group, Inc.,
formerly known as Rush Financial Technologies, Inc., (the "Company") to be issued
pursuant to the Company's 2005 Long-Term Incentive Plan (the "Plan").
On September 9, 2005, the Company's filed a Registration Statement on Form S-8
(File No. 333-128242) to register 2,252,274 shares of Common Stock to be issued
under the Plan. Shareholders approved an amendment to the Plan, as recommended
by the Company's Board of Directors, at an annual meeting of shareholders held
on May 23, 2007.
Pursuant to and as permitted by General Instruction E to Form S-8, the contents
of the Company's Registration Statement on Form S-8, File No. 333-128242, including
documents incorporated by reference therein, are incorporated by reference herein.
PART I
INFORMATION REQUIRED TO BE IN THE SECTION 10(a) PROSPECTUS
The document or documents containing the information specified in Part I are not
required to be filed with the Commission as part of this S-8 Registration Statement.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3.           Incorporation
of Documents by Reference.
The Company hereby incorporates by reference in this Registration Statement the
following documents previously filed with the Securities and Exchange Commission
(the "Commission"):
Terra Nova Financial Group, Inc.
Commission Filing (File No. 000-24057)
Annual Report on Form 10-KSB for the fiscal year ended December 31, 2006, filed
with the Commission on April 2, 2007
All other reports filed pursuant to Section 13(a) or 15(d) of the Securities Exchange
Act of 1934, as amended, since the end of the fiscal year covered by the Annual
Report referred to in (a) above.
The description of the Company's Common Stock set forth under the caption "Description
of Capital Stock" in the Company's Registration Statement on Form SB-2, as amended,
File No. 333?136194, filed with the Commission and effective on February 13, 2007.
All documents filed by the Company with the Commission pursuant to Sections 13(a),
13(c), 14 and 15(d) of the Securities Exchange Act of 1934, as amended, subsequent
to the date of this Registration Statement shall be deemed to be incorporated
herein by reference and to be a part hereof from the date of filing of such documents
until such time as there shall have been filed a post-effective amendment that
indicates that all securities offered under the Registration Statement have been
sold or that deregisters all securities remaining unsold at the time of the amendment.
Any statement contained herein or in a document incorporated or deemed to be incorporated
by reference herein shall be deemed to be modified or superseded for purposes
of this Registration Statement to the
extent that the statement contained herein or in any subsequently
filed document that is or is deemed to be incorporated by reference herein, or
in any document forming any part of the Section 10(a) Prospectus to be delivered
to participants in connection herewith, modifies or supersedes such statement.
Any statement so modified or superseded shall not be deemed, except as so modified
or superseded, to constitute a part of this Registration Statement.
Item 8.           Exhibits
(a)
Exhibits
Exhibit
Description
4.1
Articles of Incorporation, as
      amended, of the Company (reference is made to Company's Registration Statement
      on Form SB-2, as amended, File No. 333?136194, filed with the Commission
      and effective on July 31, 2006, together with any exhibits thereto, which
      are incorporated herein by reference).
4.2
2005 Long-Term Incentive Plan
      (incorporated by reference to Exhibit B of the Company's definitive Proxy
      Statement on Schedule 14A filed May 12, 2005 (File No. 000-24057))
4.3
Amendment No. 1 to 2005 Long-Term
      Incentive Plan (filed herewith)
5.1
Opinion of Andrews Kurth LLP (filed
      herewith)
23.1
Consent of Andrews Kurth LLP (included
      in their opinion filed as Exhibit 5.1) (filed herewith)
23.2
Consent of KBA GROUP LLP (filed
      herewith)
24.1
Power of Attorney (included on
      Signature Page to the Registration Statement)
Item 9.           Undertakings
(a)
The undersigned Registrant hereby undertakes:
(1)
To file, during any period in
      which offers or sales are being made, a post-effective amendment to the
      Registration Statement:
(i)
To include any prospectus required
      by Section 10(a)(3) of the Securities Act;
(ii)
To reflect in the prospectus any
      facts or events arising after the effective date of the Registration Statement
      (or the most recent post-effective amendment thereof) which, individually
      or in the aggregate, represent a fundamental change in the information set
      forth in the Registration Statement. Notwithstanding the foregoing, any
      increase or decrease in volume of securities offered (if the total dollar
      value of securities offered would not exceed that which was registered)
      and any deviation from the low or high end of the estimated maximum offering
      range may be reflected in the form of a prospectus filed with the Commission
      pursuant to Rule 424(b) if, in the aggregate, the changes in volume and
      price represent no more than a 20% change in the maximum aggregate offering
      price set forth in the "Calculation of registration Fee" table in the effective
      Registration Statement.
(iii)
To include any material information
      with respect to the plan of distribution not previously disclosed in the
      Registration Statement or any material change to such information in the
      Registration Statement; provided however, that provisions (i) and (ii) of
      this undertaking do not apply if the information required to be included
      in a post-effective amendment thereunder is contained in periodic reports
      filed with or furnished to the Commission by the Company pursuant to Section
      13 or Section 15(d) of the Exchange Act that are incorporated by reference
      in the Registration Statement.
(2)
That, for the purpose of determining
      any liability under the Securities Act, each such post-effective amendment
      shall be deemed to be a new registration statement relating to the securities
      offered therein, and the offering of such securities at that time shall
      be deemed to be the initial bona fide offering thereof.
(3)
To remove from registration by
      means of a post-effective amendment any of the securities being registered
      which remain unsold at the termination of the offering.
(b)
The undersigned Registrant hereby
      undertakes that, for purposes of determining any liability under the Securities
      Act, each filing of the Registrant's annual report pursuant to Section 13(a)
      or Section 15(d) of the Exchange Act (and, where applicable, each filing
      of an employee benefit plan's annual report pursuant to Section 15(d) of
      the Exchange Act) that is incorporated by reference in the Registration
      Statement shall be deemed to be a new registration statement relating to
      the securities offered therein, and the offering of such securities at that
      time shall be deemed to be the initial bona fide offering thereof.
(c)
Insofar as indemnification for
      liabilities arising under the Securities Act may be permitted to directors,
      officers and controlling persons of the registrant pursuant to the foregoing
      provisions, or otherwise, the Registrant has been advised that in the opinion
      of the Commission such indemnification is against public policy as expressed
      in the Securities Act and is, therefore, unenforceable. In the event that
      a claim for indemnification against such liabilities (other than director,
      officer or controlling person in the successful defense of any action, suit
      or proceeding) is asserted by such director, officer or controlling person
      in connection with the securities being registered, the Company will, unless
      in the opinion of its counsel the matter has been settled by controlling
      precedent, submit to a court of appropriate jurisdiction the question whether
      such indemnification by it is against public policy as expressed in the
      Securities Act and will be governed by the final adjudication of such issue.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies
that it has reasonable grounds to believe that it meets all of the requirements
for filing on Form S-8 and has duly caused this Registration Statement to be signed
on its behalf by the undersigned, thereunto duly authorized, in the City of Chicago,
State of Illinois, on November 28, 2007.
TERRA NOVA FINANCIAL GROUP, INC.
By:
/s/ MICHAEL G. NOLAN
Michael G. Nolan
Chief Executive Officer and President
Pursuant to the requirements of the Securities Act of 1933, this Registration
Statement has been signed by the following persons in the capacities and on the
date indicated.
POWER OF ATTORNEY
Each person whose signature to this Registration Statement appears below hereby
appoints Michael G. Nolan and Murrey Wanstrath, and each of them, such person's
attorney-in-fact with full power to act alone for such person and in such person's
name, place and stead, with full power of substitution or resubstitution, to sign
on such person's behalf in any and all capacities, any and all amendments to this
Registration Statement on Form S-8, hereby ratifying and confirming all that said
attorney-in-fact may or shall lawfully do or cause to be done by virtue hereof.
Executed as of the date set forth opposite each person's signature set forth below.
Signature
Title
Date
/s/ MICHAEL G. NOLAN
Michael G. Nolan
Chief Executive Officer and President
(Principal Executive Officer)
November 28, 2007
/s/ MURREY WANSTRATH
Murrey Wanstrath
Chief Financial Officer and Director
November 28, 2007
/s/ CHARLES B. BREWER
Charles B. Brewer
Director
November 28, 2007
/
s/ RUSSELL N. CRAWFORD
Russell N. Crawford
Director
November 28, 2007
/s/ GAYLE C. TINSLEY
Gayle C. Tinsley
Director
November 28, 2007
/s/ STEPHEN B. WATSON
Stephen B. Watson
Director
November 28, 2007
/s/ BERNAY BOX
Bernay Box
Director
November 28, 2007
EXHIBIT INDEX
Exhibit
Description
4.1
Articles of Incorporation, as
      amended, of the Company (reference is made to Company's Registration Statement
      on Form SB-2, as amended, File No. 333?136194, filed with the Commission
      and effective on July 31, 2006, together with any exhibits thereto, which
      are incorporated herein by reference.
4.2
2005 Long-Term Incentive Plan
      (incorporated by reference to Exhibit B of the Company's definitive Proxy
      Statement on Schedule 14A filed May 12, 2005 (File No. 000-24057))
4.3
Amendment No. 1 to 2005 Long-Term
      Incentive Plan (filed herewith)
5.1
Opinion of Andrews Kurth LLP (filed
      herewith)
23.1
Consent of Andrews Kurth LLP (included
      in their opinion filed as Exhibit 5.1) (filed herewith)
23.2
Consent of KBA GROUP LLP (filed
      herewith)
24.1
Power of Attorney (included on
      Signature Page to the Registration Statement)