Notice to public: Settlement hearing in the matter of Stacey Trevor Symonds

    TORONTO, 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, review and consideration
of a Settlement Agreement.
    The Settlement Agreement is between IDA staff and Mr. Stacey Trevor
Symonds, who was at all material times a Registered Representative employed by
the Kentville, Nova Scotia branch of CIBC World Markets Inc., operating as
CIBC Wood Gundy, a Member of the IDA, and relates to matters for which he may
be disciplined.
    The conduct that is the subject of the hearing occurred during the period
from March 2004 to November 2004, and involves discretionary trading in three
client accounts which is contrary to Regulation 1300.4.
    Mr. Symonds is no longer employed with an IDA Member firm.
    The hearing is scheduled to commence at 10:00 a.m. on Thursday, April 26,
2007, at The Prince George Hotel, Boardroom No.217, 1725 Market Street,
Halifax, Nova Scotia. 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

    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: Alex Popovic, Vice President, Enforcement,
(416) 943-6904, or; Jeff Kehoe, Director, Enforcement
Litigation, (416) 943-6996 or

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