VANCOUVER, Aug. 13 /CNW/ - The IDA has withdrawn the Notice of Hearing
and ended discipline proceedings in the matter of Ian Alexander Frew, at all
material times an Approved Person with Matrix Financial Corporation, a Member
of the IDA.
The Notice of Hearing has been withdrawn in response to a decision of the
Court of Appeal for Saskatchewan dated June 20, 2007, dismissing the appeals
of the IDA from a decision of the Saskatchewan Financial Services Commission
in the related matters of Wade Douglas MacBain and Karl Edward Neufeld and
Frederick Henry Smith.
The matters of MacBain, Neufeld and Smith have been stayed by a Hearing
Panel appointed pursuant to IDA By-law 20 (refer to IDA Bulletin No. 3656).
A copy of the decision of the Court of Appeal for Saskatchewan can be
found on their website at the following link:
Mr. Frew has not been registered with an IDA Member firm since
February 18, 2000.
For a complete summary of facts, please see IDA Bulletin 3657 at
www.ida.ca or www.accovam.ca.
The Investment Dealers Association of Canada (IDA) is the national
self-regulatory organization of the securities industry. The IDA's mission is
to protect investors, foster market integrity and enhance the efficiency and
competitiveness of the Canadian capital markets. The IDA enforces rules and
regulations regarding the sales, business and financial practices of its
Member firms and their approved persons. Investigating complaints and
disciplining Members and approved persons is part of the IDA's regulatory
For further information:
For further information: Warren Funt, Vice-President, Western Canada,
(604) 331-4750 or firstname.lastname@example.org; Jeff Kehoe, Director, Enforcement Litigation,
(416) 943-6996 or email@example.com