In the matter of Sarkis Sarkissian - Motion



    MONTREAL, Oct. 9 /CNW/ - Notice is hereby given that a hearing will be
held before a Hearing Panel of the Investment Dealers Association of Canada
(IDA), on Friday, October 17, 2008, at 9:00 a.m. or as soon thereafter as
possible, at the Four Points by Sheraton, 475 Sherbrooke Street West,
Montréal, Québec, Mont-Everest Room, to entertain an interlocutory motion in
the matter of Sarkis Sarkissian (the Respondent).

    
    The interlocutory motion is for orders that:

    (a) declare that IIROC does not have jurisdiction or authority to
        institute proceedings against representatives who are neither members
        nor registrants.

    (b) IIROC cease and desist immediately all disciplinary proceedings
        instituted against the Respondent.
    

    The hearing concerns matters for which the Respondent may be disciplined
as a Registrant of the IDA, pursuant to Part 10 of IDA By-Law 20.
    The IDA formally initiated the investigation into the Respondent's
conduct in August 2005. The violations occurred when the Respondent was a
Registered Representative with the Montréal branch of iForum Securities Inc.
The Respondent has not been employed with an IIROC-regulated firm since August
10, 2006.
    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: Carmen Crépin, Vice President, Québec, (514)
878-1625 or ccrepin@iiroc.ca; Jeff Kehoe, Director, Enforcement, (416)
943-6996 or jkehoe@iiroc.ca


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