Notice to public: Settlement hearing in the matter of Martin Brunetta

    MONTREAL, April 10 /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 and review of a
Settlement Agreement.
    The Settlement Agreement is between staff of the IDA and Mr. Martin
Brunetta, who was at all material times, an Approved Person at the Montréal
branch of CIBC World Markets Inc., an IDA Member firm, and relates to matters
for which he may be disciplined. The conduct which is the subject of the
hearing occurred between January 2004 and October 2004. Mr. Brunetta is
accused of the following:

    -  Violations of Regulation 1300.1(a) and By-Law 29.1 for failing to use
       due diligence to remain informed of the essential facts relative to
       certain foreign clients;
    -  Violations of Regulation 200.1(i) (3) for having effected transactions
       in client accounts on the instructions of third parties;
    -  Violations of By-Law 29.1 for having engaged in conduct unbecoming and
       detrimental to the public interest and for having failed to exercise
       his role to protect the public by not questioning the nature of
       certain transfers in the accounts of foreign clients, when he had
       never met the foreign clients in question.

    The hearing is scheduled to commence at 2:00 p.m. on Thursday, April 26,
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 distributed 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: Carmen Crépin, Vice-President, Québec, (514)
878-2854 or; Jeffrey Kehoe, Director, Enforcement Litigation,
(416) 943-6996 or

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