IN THE MATTER OF Bert Griffin - Settlement



    TORONTO, Aug. 11 /CNW/ - Notice is hereby given that a hearing will be
held before a Hearing Panel of the Investment Industry Regulatory Organization
of Canada (IIROC), on Thursday, August 20th, 2009 at IIROC, Boardroom 2, 121
King Street West, Suite 1600, Toronto, Ontario, at 10:00 a.m. or as soon
thereafter as the hearing can be held, to consider whether, pursuant to Part
3.4 of Policy 10.8 of IIROC Market Integrity Rules - UMIR, the Hearing Panel
should accept a Settlement Agreement entered into between Staff of IIROC and
Bert Griffin (the "Respondent").
    The subject matter of the proposed Settlement Agreement concerns
allegations that:

    
    (a) On January 27, 2006, April 11, 2006 and April 21, 2006, the
        Respondent engaged in conduct that resulted in contraventions of UMIR
        5.3 and Policy 5.3 (Client Priority) for which he is liable under
        UMIR 10.3(4).
    

    IIROC formally initiated the investigation into the Respondent's conduct
on October 4, 2007. The alleged violations occurred when the Respondent was a
Registered Representative with Berkshire Securities Inc. The Respondent is
still within the industry in a registered capacity with Manulife Securities
Inc., an IIROC-regulated firm.
    The hearing is not open to the public unless and until the Settlement
Agreement has been accepted by the Hearing Panel. If the Hearing Panel accepts
the Settlement Agreement, 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.




For further information:

For further information: Alex Popovic, Vice-President, Enforcement,
(416) 943-6904, apopovic@iiroc.ca; Jeff Kehoe, Director, Enforcement, (416)
943-6996, jkehoe@iiroc.ca


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