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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)
MDMN 0.00010000.0%Dec 5 9:30 AM EST

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To: Mr Metals who wrote (19110)9/23/1999 11:49:00 AM
From: bully   of 25548
 


Van Sun says VSE firms cited by SEC, while Canaccord reacts

Vancouver Stock Exchange
VSE
Shares issued 0
1899-12-30 close $0
Thursday Sep 23 1999
Also National Bank of Canada (NA)
Also B.C. Securities Commission (BCSEC)
The Vancouver Sun reports in its Thursday edition that United
States securities regulators have filed another complaint
against a U.S. stock promoter who allegedly used two
Vancouver brokerage firms for illicit stock transactions.
Reporter David Baines says the U.S. Securities and Exchange
Commission alleges in a complaint filed in U.S. District Court
in California that Los Angeles promoter Kevin Quinn used
accounts at Pacific International Securities. Neither
brokerager firm is named as a defendant of accused of doing
anything wrong. It is the fourth time, however, that Pacific
International has been named as a conduit for illegal stock
trades or money-laundering activities. The growing number of
cases in which Vancouver brokerages are alleged to have
facilitated crooked stock deals has prompted some to
implement new rules. P.I. instituted new bulletin board rules
last month, and a Sept. 2 internal memo from Peter Brown
reveals that Canaccord Capital is doing the same. Mr. Brown
expects several more charges against Canadian registrants
over the next several months as a result of bulletin board
activity.
(c) Copyright 1999 Canjex Publishing Ltd.
canada-stockwatch.com
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