Spongetech Delivery Systems, Inc. (fka SPNGQ)

[scion]

Enforcement Notice - IN THE MATTER OF Douglas Terrence Steer - Discipline Hearing

VANCOUVER, Jan. 15, 2015 /CNW/ - A hearing has been scheduled before a Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) in the matter of Douglas Terrence Steer.

The hearing concerns allegations that Mr. Steer failed to learn essential facts about certain clients and their orders, and failed to properly act as a gatekeeper to the capital markets. It is also alleged that, for some of these clients, Mr. Steer accepted instructions in client accounts from someone who was not authorized to give instructions.

The hearing is open to the public, unless the Panel orders otherwise. The decision of the Hearing Panel will be made available at www.iiroc.ca.

Documents related to ongoing IIROC enforcement proceedings – including Reasons and Decisions of Hearing Panels – are posted on the IIROC website as they become available. Click here to search and access all IIROC enforcement documents.

Hearing Date: January 27 – 29, 2015 at 10:00 a.m.


http://www.iiroc.ca/IIROCSearch/Pages/Results.aspx?k=Douglas%20Terrence%20Steer