VANCOUVER, Aug. 20 /CNW/ - A hearing has been scheduled before a Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) to hear evidence and submissions in the matter of Bradley Ferris Trites.
The hearing concerns allegations that Mr. Trites refused and/or failed to attend an interview and give information as part of an IIROC investigation into his conduct, contrary to IIROC Rule 19.5. The investigation concerned complaints to IIROC by four of Mr. Trites's clients alleging he engaged in discretionary trading, unsuitable investments and misrepresentation.
Hearing Date: 10:00 am, September 30, 2010
Location: Reportex Agencies Ltd.
925 West Georgia Street, Suite 1010, Vancouver, B.C.
The hearing is open to the public, unless the panel orders otherwise. The Notice of Hearing is available on IIROC's website. The panel's decision and reasons will be made public at www.iiroc.ca when available.
IIROC began investigating Mr. Trites's conduct on October 31, 2008, while he was a Registered Representative with the Kelowna, B.C. branch of Canaccord Genuity Corp., an IIROC-regulated firm. Mr. Trites is no longer registered in any capacity with an IIROC-regulated firm.
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.
SOURCE Investment Industry Regulatory Organization of Canada (IIROC) - General News
For further information: For further information: Warren Funt, Vice President, Western Canada, 604.331.4750, firstname.lastname@example.org; Jeff Kehoe, Vice President, Enforcement, 416.943.6996, email@example.com