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Strategies & Market Trends : Talk to Lola:)
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To: SwampDogg who wrote (1151)9/23/1999 9:42:00 AM
From: Lola   of 2010
 
B.C. Securities Commission -
Van Sun says VSE firms cited by SEC, while Canaccord reacts
B.C. Securities Commission BCSEC
Shares issued 0 1899-12-30 close $0
Thursday Sep 23 1999
See Vancouver Stock Exchange (VSE) In the News
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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