Notice to Public: Settlement hearing in the matter of Canaccord Capital Corporation

    VANCOUVER, April 11 /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 for the presentation, review and consideration
of a Settlement Agreement.
    The Settlement Agreement is between IDA staff and Canaccord Capital
Corporation (Canaccord), a Member of the IDA with its head office located in
Vancouver, B.C. The Settlement Agreement relates to matters for which
Canaccord may be disciplined. The conduct that is the subject of the hearing
occurred from November 2001 to November 2002 and relates to the failure to
establish procedures, which would enable Canaccord to detect whether certain
trading in a Pro Account was contrary to the public interest.
    The hearing is scheduled to commence at 9:00 a.m. on Wednesday, April 25,
2007 at Suite 2800 - 1055 West Georgia Street, Vancouver, B.C. The hearing is
not open to the public unless and until the settlement agreement has been
accepted by the Hearing Panel. Copies of the decision of the Hearing Panel and
the Settlement Agreement will be made available if and when the Settlement
Agreement is accepted by the Hearing Panel.

    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

For further information:

For further information: Warren Funt, Vice President, Western Canada,
(604) 331-4750 or; Jeff Kehoe, Director, Enforcement Litigation,
(416) 943-6996 or

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