TS03 Inc Trust Units TSTIF

Regarding that sale of 100 shares at the close Nov 15...

[echo2]

I was half-joking earlier; but, on a more serious note, I wonder if IIROC might very well take issue on their own with the activity of our good friends at MS (53) in their apparently manipulative actions to bring the closing share price of TOS down from 2.82 to 2.76, or by .06, today, November 15, 2016 by throwing 100 shares at the bid at 4:00:00.26 at the close on a day when 2,433,181 shares of TOS  traded on the TSX (and almost 400,000 more on other Canadian exchanges) and the trades had just been at 2.82 moments before; (or, will someone have to contact IIROC directly about each separate blatantly manipulative incident?)... Will they ask MS (53) to remove or cancel this manipulative trade before the open and reinstate the closing price to be 2.82, as it really was and should have been recorded?

Again, quoting from the UMIR rules of IIROC: (bold and underlining in 2.2 e ii are my own)

POLICY 2.2 – MANIPULATIVE AND DECEPTIVE ACTIVITIES

Part 1 – Manipulative or Deceptive Method, Act or Practice

There are a number of activities which, by their very nature, will be considered to be a manipulative or deceptive method, act or practice." ...etc.
 

Part 2 – False or Misleading Appearance of Trading Activity or Artificial Price

For the purposes of subsection (2) of Rule 2.2 and without limiting the generality of that subsection, if any of the following activities are undertaken on a marketplace and create or could reasonably be expected to create a false or misleading appearance of trading activity or interest in the purchase or sale of a security or an artificial ask price, bid price or sale price, the entry of the order or the execution of the trade shall constitute a violation of subsection (2) of Rule 2.2:

1. (a)  entering an order or orders for the purchase of a security with the knowledge that an order or orders of substantially the same size, at substantially the same time and at substantially the same price for the sale of that security, has been or will be entered by or for the same or different persons;

2. (b)  entering an order or orders for the sale of a security with the knowledge that an order or orders of substantially the same size, at substantially the same time and at substantially the same price for the purchase of that security, has been or will be entered;

3. (c)  making purchases of, or offers to purchase, a security at successively higher prices or in a pattern generally of successively higher prices;

4. (d)  making sales of or offers to sell a security at successively lower prices or in a pattern generally of successively lower prices;

5. (e)  entering an order or orders for the purchase or sale of a security to:

   1. (i)  establish a predetermined sale price, ask price or bid price,

   2. (ii)  effect a high or low closing sale price, ask price or bid price, or

   3. (iii)  maintain the sale price, ask price or bid price within a predetermined range; ..."
      
      ...etc.