IN THE MATTER OF John Anastasious Collias - Motion

    TORONTO, Sept. 2 /CNW/ - Following a motion hearing held on July 28,
2008, in Vancouver, British Columbia, a Hearing Panel of the Investment
Dealers Association of Canada ("IDA") ordered the following in the matter of
John Anastasious Collias (the "Respondent"):

    (a) that pursuant to Rule 20.2 a temporary stay be issued in this matter
    until the release of the decision of the British Columbia Court of Appeal
    in Charles K. Dass v. Investment Dealers Association of Canada. Following
    the release of that decision, the panel requires that the parties appear
    in front of a hearing panel of the Pacific Region to determine the next
    steps in this process.

    The proposed 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 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 no longer a
registrant with an IIROC-regulated firm.
    The Hearing Panel issued its Decisions and Reasons on July 31, 2008. The
Hearing Panel's Decision and Reasons are available at

    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

For further information:

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

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