Canadian investment banks pt 3Junior mining investors please get involved.
If we get together to call and email BNN (Business News Network) Howard Green’s Market Call tomorrow evening, one of us is likely to get through.
June 6-2008 7:30 PM ET
Scott Boyle, Assistant Manager, Investigation & Head of boiler room unit, Ontario Securities Commission
Focus: BNN takes your calls and emails on investor’s scams. How you can prevent them from happening and how to recognize the most common scams out there today.
Toll Free: 1-877-667-6288 Toronto: 416-957-8199 Email:
marketcall@bnn.ca
Possible script:
1. Why is the OSC not protecting investors by stopping the Canadian Investment banks from illegally trading with inside knowledge? EG: Before financings – naked shorting
2. Scott Peacock, Deputy Director Compliance and Enforcement recently stated in a phone call on June 3, 2008, “I am trying my best in monitoring the trades, but you need to understand, currently I am by myself!”
3. If Scott, by his own admission, is unable to do his job, why has he done nothing to change it? It sounds like he needs help. Why doesn’t the OSC consider recruiting investors who are able and willing to help enforcers such as Scott Peacock?
4. Why is the punishment for securities fraud so laughable? OSC regulators only pretend to oversee securities rules; that’s not my opinion, that’s the verdict of Claude Lamoureux, the recently-retired CEO of the Ontario Teachers’ Pension Plan. It’s so bad that Canada has been described as a first world country with second world capital markets and third-world enforcement in a study comparing the OSC to the SEC by an Indiana finance professor.
5. Stockhouse has formed a group, “Junior Mining Investors Robbed By Canadian Investment Banks” that has jumped to 176 members (and counting) in less than two weeks.
https://www.stockhouse.com/Groups/GroupInfo.aspx?g=50176
If we manage to get through, the story is assuredly going to get picked up by additional media attention. – Please call and email!
There is proof fraud is being committed. We need to alert as many junior mining investors as possible. Just imagine the losses you may have incurred because of the unjust Canadian market activities being orchestrated against you by the Canadian investment banks.
Our Stockhouse group has grown to 176 investors. If you believe you are a victim of this crime and have suffered losses, you are welcome to join our group.
https://www.stockhouse.com/Groups/GroupInfo.aspx?g=50176
Darin Diehl, Publisher and Executive Editor of Stockhouse recently published an article featuring the group’s campaign.
https://www.stockhouse.com/Blogs/ViewDetailedPost.aspx?p=75634
In addition, Community Editor Rob Arber is also following the discussion and has written about it. You may read his story here:
https://www.stockhouse.com/Community-News/2008/June/2/Naked-short-selling-gets-investors-motivated
The Canadian investment bankers’ crimes are severe and we wish to alert all junior mining investors.