IN THE MATTER OF Martin Fabi - Settlement

    TORONTO, Oct. 3 /CNW/ - Notice is hereby given that a hearing will be
held before a Hearing Panel of the Investment Industry Regulatory Organization
of Canada (IIROC), on Thursday October 16, 2008 at IIROC, 121 King Street
West; Suite 1600, Toronto, Ontario, Boardroom 2, at 10:00 a.m. or as soon
thereafter as the hearing can be held, to consider whether, pursuant to Part
3.4 of Policy 10.8 of the Universal Market Integrity Rules, the Hearing Panel
should accept a Settlement Agreement entered into between Staff of IIROC and
Martin Fabi (the "Respondent").

    The subject matter of the proposed Settlement Agreement concerns
    allegations that:

    (a) On December 31, 2007 the Respondent entered orders and executed
        trades on the TSX Venture Exchange that he ought reasonably to have
        known, would create or could reasonably be expected to create, an
        artificial sale price for six securities contrary to UMIR 2.2(2)(b)
        and Policy 2.2, for which he is liable under UMIR 10.4(1).

    IIROC formally initiated the investigation into the Respondent's conduct
in February 2008. The alleged violations occurred when the Respondent was a
Registered Representative with the Montreal Branch of MF Global Canada Co. The
Respondent is still within the industry in a registered capacity with MF
Global Canada Co.
    The hearing is not open to the public unless and until the Settlement
Agreement has been accepted by the Hearing Panel. If the Hearing Panel accepts
the Settlement Agreement, 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

For further information:

For further information: Alex Popovic, Vice President, Enforcement,
(416) 943-6904 or; Jeff Kehoe, Director, Enforcement, (416)
943-6996 or

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