CALGARY, April 26 /CNW/ - Notice is hereby given that a hearing will be held before a Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC), commencing on August 17, 2010 at the Calgary TELUS Convention Centre, located at 120-9 Ave SE, Calgary, Alberta, at 10:00 a.m. or as soon thereafter as possible, to hear evidence and submissions in the matter of Malcolm Joseph McKimm (the "Respondent"). The hearing was initially scheduled for May 19, 2010, but has been adjourned until the aforementioned date.
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 the Respondent:
(a) From 2002 to 2007, engaged in outside business activities without the
prior knowledge or consent of his Member firm, contrary to IDA By-law
29.1 and Dealer Member Rule 29.1; and
(b) Failed to cooperate with IIROC in that he failed to provide documents
as requested by Staff on or about July 28, 2008, contrary to Dealer
Member Rule 19.5.
IIROC formally initiated the investigation into the Respondent's conduct on January 29, 2008. The violations occurred when the Respondent was a Registered Representative with the Red Deer, Alberta sub-branch of Wolverton Securities Ltd. The Respondent is no longer a registrant with an IIROC-regulated firm.
The Notice of Hearing is available at 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.
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, email@example.com; Jeff Kehoe, Acting Vice President, Enforcement, (416) 943-6996, firstname.lastname@example.org