MONTRÉAL, April 14 /CNW/ - On March 1, 2010, a Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) rejected a Settlement Agreement between IIROC Staff and Yves Tardif.
IIROC formally initiated the investigation into the Respondent's conduct on November 24, 2005. The alleged violations occurred while the Respondent was a Registered Representative with the Montréal Branch of iForum Securities Inc. The Respondent is no longer a registrant with an IIROC-regulated firm.
A subsequent hearing will be held at a later date. A new Enforcement Notice will be published to this effect.
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: Carmen Crépin, Vice President, Québec, (514) 878-2854, firstname.lastname@example.org; Jeff Kehoe, Acting Vice President, Enforcement, (416) 943-6996, email@example.com