IN THE MATTER OF Victoria Jenset - Settlement

    TORONTO, April 20 /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 April 30, 2009 at the IIROC Offices, located at
Suite 1600, 121 King Street West, Toronto, Ontario, at 10:00 a.m. or as soon
thereafter as the hearing can be held, to consider whether, pursuant to
section 20.36 of IIROC Dealer Member Rule 20, the Hearing Panel should accept
a Settlement Agreement entered into between staff of IIROC and Victoria Jenset
(the "Respondent").
    The subject matter of the proposed Settlement Agreement concerns
allegations that:

    (a) In or about December 2004 to May 2005 Jenset, as a Registered
        Representative of a Member of IIROC, engaged in business conduct or
        practice which is unbecoming or detrimental to the public interest in
        that she became a registered shareholder of securities of an issuer
        for no apparent consideration, and subsequently permitted a non-
        registrant to perform "know your client" obligations for
        approximately four clients for whom she purchased securities of the
        same issuer, contrary to IIROC Rule 29.1.

    IIROC formally initiated the investigation into the Respondent's conduct
on January 23, 2006. It was alleged that the violations occurred when the
Respondent was a Registered Representative with the Toronto Branch of Secutor
Capital Management Corp. The Respondent is still within the industry in a
registered capacity with Wellington West Capital Inc., an IIROC regulated
    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,; Jeff Kehoe, Director, Enforcement, (416)

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