GREY:SWFCF - Post by User
Post by
marketmineron Jul 22, 2007 12:09pm
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Post# 13130614
All houses have these pro traders..
All houses have these pro traders..I think some of them work here...LOL as bashers of coarse:
Globe says Canaccord faces another IDA hearing
2007-04-12 09:09 ET - In the News
The Globe and Mail reports in its Thursday, April 12, edition that Canaccord Capital is facing another hearing before the Investment Dealers Association of Canada, just months after settling an unrelated case with the brokerage industry regulator. The Globe's Janet McFarland writes that in a notice issued on Wednesday, the Investment Dealers Association said it has scheduled a hearing for April 25 to consider a settlement agreement with Vancouver-based Canaccord over allegations the firm permitted improper trading in one of its own trading accounts. The notice does not detail the allegations in the case, but says it relates to the firm's failure to establish procedures to detect improper trading in a pro account, which is an internal account that uses the firm's own money for trading. The allegations relate to trades that occurred in the year between November, 2001, and November, 2002. The notice comes four months after Canaccord reached a settlement with the Investment Dealers Association after admitting that it failed to supervise former employee John Pryde who made hundreds of trades while in the hospital suffering from a mental illness.