Market Regulation Services Inc.

Market Regulation Services Inc.

September 02, 2005 14:01 ET

Media Advisory/RS Hearing Panel will not Reconvene on September 12 in Relation to the Contested Hearing Between RS and Jason Fediuk

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Sept. 2, 2005) - Market Regulation Services Inc. (RS) advises that the final arguments in the contested hearing between RS and Jason Fediuk, an institutional equity trader at Salman Partners Inc. in Vancouver, were presented on Tuesday, August 30, which effectively ended the proceedings.

Therefore, the Hearing Panel will not reconvene on September 12 at the offices of Reportex Agencies Ltd. in Vancouver, as announced on August 25.

The Hearing Panel reserved judgement and will issue a written decision. Once it is issued, the decision and the terms of any discipline imposed will be published by RS as a Disciplinary Notice and in a news release.

About Market Regulation Services Inc. (RS)

RS is the independent regulation services provider for Canadian equity marketplaces, including TSX, TSX Venture Exchange, Canadian Trading and Quotation System, Bloomberg Tradebook Canada Company, Liquidnet Canada Inc. and Markets Securities Inc. RS is recognized by the securities commissions of Ontario, British Columbia, Alberta and Manitoba and by the Autorite des marches financiers in Quebec to regulate the trading of securities on these marketplaces by participant firms and their trading and sales staff. RS helps protect investors and ensure market integrity by ensuring all equities transactions are executed properly, fairly and in compliance with trading rules.

Contact Information

  • Market Regulation Services Inc.
    Doug Maybee
    Director of Communications & Public Affairs
    (416) 646-7253
    (cell) (416) 627-3900