In the matter of Julius Caesar Philip Vitug - Set Date



    TORONTO, Sept. 17 /CNW/ - Notice is hereby given that an appearance will
be held before a Hearing Panel of Investment Industry Regulatory Organization
of Canada (IIROC), on Wednesday October 1, 2008 at IIROC, 121 King Street
West; Suite 1600, Toronto, Ontario, Boardroom 2, at 1:00 p.m. or as soon
thereafter as the appearance can be held, to set the date for a hearing in the
matter of Julius Caesar Philip Vitug (the "Respondent").
    The proposed hearing concerns matters for which the Respondent may be
disciplined as a Regulated Person of IIROC, pursuant to Part 10 of IIROC
Dealer Member Rule 20.

    
    The hearing concerns allegations that the Respondent:

    (a) In or about April 2003 to August 2005 the Respondent engaged in
        business conduct or practice which is unbecoming or detrimental to
        the public interest in that he had an undisclosed financial interest
        and undisclosed financial dealings in accounts, including accounts
        held at another member firm, of two of his clients, in violation of
        IDA By-law 29.1
    

    IIROC formally initiated the investigation into the Respondent's conduct
on August 4, 2005. The alleged violations occurred when the Respondent was a
Registered Representative with the Toronto Branches of TD Waterhouse Canada
Inc. and Blackmont Capital Inc. The Respondent is still within the industry in
a registered capacity with Blackmont Capital Inc.
    The hearing is open to the public, unless the Hearing Panel orders
otherwise.

    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 or apopovic@iiroc.ca; Jeff Kehoe, Director, Enforcement, (416)
943-6996 or jkehoe@iiroc.ca


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