TORONTO, April 5 /CNW/ - Notice is hereby given that a hearing will be held before a Hearing Panel of Investment Industry Regulatory Organization of Canada (IIROC), on April 13, 2010 at IIROC Boardroom 1 located at 121 King Street West, Suite 1600 at 10:00 a.m. or as soon thereafter as possible, to hear evidence and submissions in the matter of Anthony Petriccione and Paul Van Benthem (the "Respondents").
The hearing concerns matters for which the Respondents may be disciplined as Regulated Persons of IIROC, pursuant to Part 10 of IIROC Dealer Member Rule 20.
The hearing concerns allegations that the Respondents:
1. In or about November 2009, the Respondents, former registrants of
IIROC, failed to co-operate with IIROC in that they refused to
attend and give evidence in relation to a discipline hearing, in
contravention of IIROC Rule 20.31.
IIROC formally initiated the investigation into the Respondents' conduct on May 26, 2005. The violations occurred when the Respondents were Registered Representatives with the Toronto Branch of Blackmont Capital Inc. The Respondents are no longer registrants with an IIROC regulated firm.
The Notice of Hearing is available at (insert link). The hearing is open to the public, unless the Hearing Panel orders otherwise. The Hearing Panel's decision and reasons will be made available to the public.
IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. Created in 2008 through the consolidation of the Investment Dealers Association of Canada and Market Regulation Services Inc., IIROC sets high quality regulatory and investment industry standards, protects investors and strengthens market integrity while maintaining efficient and competitive capital markets. IIROC carries out its regulatory responsibilities through setting and enforcing rules regarding the proficiency, business and financial conduct of dealer firms and their registered employees and through setting and enforcing market integrity rules regarding trading activity on Canadian equity marketplaces.
SOURCE Investment Industry Regulatory Organization of Canada (IIROC) - General News
For further information: For further information: Jeff Kehoe, Acting Vice President, Enforcement, (416) 943-6996, firstname.lastname@example.org