IDA suspends Gerald Danny Stefaniuk indefinitely



    VANCOUVER, March 6 /CNW/ - The Investment Dealers Association of Canada
(IDA) announced today that following an expedited hearing held pursuant to
By-law 20.41, 20.43 (1) (d) and Rule 16, a Hearing Panel made an Order
pursuant to By-law 20.45 suspending approval for registration in any capacity
indefinitely. The Panel also ordered that Mr. Gerald Danny Stefaniuk
immediately cease dealing with the public.
    In 2002 Mr. Stefaniuk was a Registered Representative (RR) at Golden
Capital Securities Limited in Vancouver. Since November 22, 2007 and up to the
date of the Order he was a RR at First Canada Capital Partners Inc. in
Vancouver.
    Pursuant to Association By-laws 20.41 and 20.43 (1) (d) and Rule 16 of
the Rules of Practice and Procedure, a Hearing Panel may hold an Expedited
Hearing without notice to the Respondent and may impose the penalties set out
in By-law 20.45 where an Approved Person has been charged with a criminal
offence relating to theft, fraud, misappropriation of funds or securities,
forgery, money laundering, market manipulation, insider trading,
misrepresentation or unauthorized trading, and such criminal charge likely
brings the capital markets into disrepute.
    The Hearing Panel will provide written reasons for its decision in due
course and copies of the decision will be made available.

    The Investment Dealers Association of Canada (IDA) is the national
self-regulatory organization of the securities industry. The IDA's mission is
to protect investors, foster market integrity and enhance the efficiency and
competitiveness of the Canadian capital markets. The IDA enforces rules and
regulations regarding the sales, business and financial practices of its
Member firms and their approved persons. Investigating complaints and
disciplining Members and approved persons is part of the IDA's regulatory
role. It is IDA policy to ensure that where relevant, referrals to the
appropriate policing authority are made.




For further information:

For further information: Warren Funt, Vice-President, Western Canada,
(604) 331-4750 or wfunt@ida.ca; Jeff Kehoe, Director, Enforcement Litigation,
(416) 943-6996 or jkehoe@ida.ca

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IDA

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INVESTMENT DEALERS ASSOCIATION OF CANADA

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