IN THE MATTER OF Kostantinos Georgakopoulos - Discipline



    VANCOUVER, Sept. 3 /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 Monday, December 1, 2008, at Reportex Agencies Ltd.,
located at 925 West Georgia Street, Suite 1010, Vancouver, BC, at 10:00 a.m.
or as soon thereafter as possible, to hear evidence and submissions in the
matter of Kostantinos Georgakopoulos (the "Respondent"). The 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:

    
    (a) between January and December 2004, the Respondent, at all material
        times a Registered Representative ("RR") at Golden Capital Securities
        Ltd. ("Golden"), a Member Firm, failed to properly perform his role
        as gatekeeper to the capital markets and acted contrary to
        Association Regulation 1300.1 (a) by facilitating certain
        transactional activity in certain client accounts without making
        diligent inquiries to ensure the legitimacy of the transactions in
        circumstances which should have called the transactional activity
        into question because it was peculiar, suspicious or appeared to be
        consistent with market manipulation, deception or other improper
        market related activity; and

    (b) between January and December 2004, the Respondent, at all material
        times an RR at Golden, a Member Firm, failed to properly perform his
        role as gatekeeper to the capital markets and acted contrary to
        Association By-Law 29.1 by failing to observe the high standards of
        ethics and conduct in the transaction of his business by facilitating
        certain transactional activity in certain client accounts without
        making diligent inquiries to ensure the legitimacy of the
        transactions in circumstances which should have called the
        transactional activity into question because it was peculiar,
        suspicious or appeared to be consistent with market manipulation,
        deception or other improper market related activity.
    

    The IDA formally initiated the investigation into the Respondent's
conduct on August 29, 2006. The alleged violations occurred when the
Respondent was a Registered Representative with the 1177 West Hastings Street
Branch of Golden Capital Securities Ltd. The Respondent is currently
registered with the 1450-1055 West Hastings Street Branch of Gateway
Securities Inc.
    The Notice of Hearing is available at http://www.iiroc.ca. 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.





For further information:

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


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