Notice to public: Settlement hearing in the matter of Dan Ionescu

    MONTREAL, Sept. 20 /CNW/ - The Investment Dealers Association of Canada
(IDA) announced today that a hearing will be held before a Hearing Panel
appointed pursuant to IDA By-law 20 for the presentation, review and
consideration of a Settlement Agreement.
    The Settlement Agreement is between staff of the IDA and Dan Ionescu, at
the material time a Registered Representative at the Montréal branch of iForum
Securities Inc., an IDA Member firm at the material time, and relates to
matters for which Mr. Ionescu may be disciplined. Mr. Ionescu has not worked
in the industry since January 2007.
    The offences occurred between May 2003 and January 2004 and pertain to a
lack of due diligence on the part of Mr. Ionescu to ascertain that the
investments made by certain clients respected the provisions of the Securities
Act, the whole contrary to By-law 29.1.
    The hearing will commence at 10:00 a.m. on Monday, October 22, 2007, at
1 Place Ville-Marie, Suite 2802, Montréal, Québec. 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: Claudyne Bienvenu, Regional Director,
Regulation, (514) 392-3435 or; Jeffrey Kehoe, Director,
Enforcement Litigation, (416) 943-6996 or

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