IN THE MATTER OF Morgan Wilshire Securities (Canada) Inc.

    TORONTO, Jan. 28 /CNW/ - Following an expedited hearing held on January
26, 2009, in Toronto, Ontario, with notice to Morgan Wilshire Securities
(Canada) Inc. (the "Respondent"), a Hearing Panel of the Investment Industry
Regulatory Organization of Canada ("IIROC") ordered the following:

    (1) Pursuant to Dealer Member Rule 20.45(1)(d), Morgan Wilshire
        Securities (Canada) Inc. shall immediately cease dealing with the

    (2) Pursuant to Dealer Member Rule 20.45(1)(f), Morgan Wilshire
        Securities (Canada) Inc.'s Membership is hereby terminated; and

    (3) Morgan Wilshire shall pay the Staff costs associated with this
        application, in the amount of $6,852.75.

    The Order came into effect on Monday, January 26, 2009, at noon.
    The Notice of Application for the matter is available at
The Hearing Panel's Order is 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: Alex Popovic, Vice-President, Enforcement,
(416) 943-6904,; Jeff Kehoe, Director, Enforcement, (416)

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890