Notice to public: Penalty hearing in the matter of Clinton Anderson and Jeffrey Bradford Kasman

    TORONTO, Dec. 20 /CNW/ - The Investment Dealers Association of Canada
(IDA) announced today that a hearing will be held before a Hearing Panel
appointed pursuant to By-law 20 in respect of discipline penalties which may
be imposed upon Clinton Anderson and Jeffrey Bradford Kasman, at all material
times a Registered Representative and Registered Representative (Restricted),
respectively, at the Toronto branch office of Desjardins Securities Inc.
    Following a decision of the Hearing Panel, Mr. Anderson and Mr. Kasman
have been found to have facilitated manipulative and/or deceptive trading in
an Over-the-Counter Bulletin Board stock, in violation of IDA By-law 29.1. The
conduct occurred between January and April 2003. Mr. Kasman and Mr. Anderson
are currently registered as a TSX Trader and Registered Representative,
respectively, at Research Capital Corporation.
    The hearing is scheduled to commence at 10:00 a.m. on Wednesday,
February 6, 2008, at the offices of Legal Transcript Services, located at
111 Richmond Street West, Suite 1500, Toronto, Ontario. The hearing is open to
the public except as may be required for the protection of confidential
matters. Copies of the decision of the Hearing Panel will be made available.

    The Investment Dealers Association of Canada (IDA) is the national
self-regulatory organization of the securities industry. The IDA's mission is
to protect investors, foster market integrity and enhance the efficiency and
competitiveness of the Canadian capital markets. The IDA enforces rules and
regulations regarding the sales, business and financial practices of its
Member firms and their approved persons. Investigating complaints and
disciplining Members and approved persons is part of the IDA's regulatory
role. It is IDA policy to ensure that where relevant, referrals to the
appropriate policing authority are made.

For further information:

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

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