RE:Dont like the manipulation?
My Friend, This has been discussed here before.
Back in Sept a buch of us guys compalined to IIROC. You canrefer back to my previouspost for more on this
This is their reply I paste below. So far nothing has come off it.
Re: Manipulative trading complaint.- Reply from IIROC
Further to my post this morning, i received the following reply from IIROC. I request you all to write to IIROC and get this noticed ASAP.
thanks
Thank you for your email regarding the recent trading activity in Fission Uranium Corp. (“FCU”).
With respect to the use of the “anonymous” trading marker, each participating organization (PO) on Canadian marketplaces has a unique numeric identifier (ID) that is automatically included on all trade tickets and order reports. PO’s may, however choose not to disclose their dealer ID numbers on certain orders (including retail client orders) as part of their trading strategy, thus making the order or trade unattributed or “anonymous” i.e. Broker ID “001”.
Notwithstanding that the identifier of the participant attached to an “anonymous order” is not disclosed in the public consolidated market display, the identifier of the Participant is visible to IIROC for the purposes of performing market surveillance.
That said, please note that staff at Investment Industry Regulatory Organization of Canada ("IIROC"), routinely monitor trading and review all instances of unusual trading. As such, this information will be reviewed and assessed.
IIROC has confidential investigation procedures and as such staff cannot comment on a potential investigation unless it becomes a matter of public record. By keeping information confidential, we protect the integrity of our investigation, ensure the complaint process is not used to affect the market and maintain fairness to those who may be the subject of a complaint that does not result in an investigation or sanction. However, please be assured that appropriate action will be taken.
One of the primary roles of IIROC in reviewing any complaint is to determine whether there is sufficient evidence that supports a potential breach of Universal Market Integrity Rules (UMIR), to warrant further investigation and potential regulatory action. If there are no indications of violations of UMIR, IIROC will close the file with no action taken. If there are indications of potential violations of UMIR, IIROC will take appropriate action against the dealer member or its registered employees. Appropriate action may involve formal disciplinary proceedings or other measures such as a cautionary letter or a warning letter. Formal disciplinary proceedings become matters of public record, however other measures taken by IIROC are not.
IIROC exists to develop, administer, surveil and enforce the trading rules known as the Universal Market Integrity Rules, in the Canadian securities market. You may find out more about UMIR by visiting our website at www.iiroc.ca. The link to UMIR is in the right navigation pane under “Rule Book”.
If you have any further concerns, please do not hesitate to contact us at any time.
Read more at https://www.stockhouse.com/companies/bullboard/v.fcu/fission-uranium-corp#kgsKcpcWRKqFSAT1.99