A disciplinary bulletin from the from Investment Dealers Association of Canada, published on October 20 1997, states “that the Alberta District Council of the Investment Dealers Association of Canada, following a hearing, has imposed upon Mr. John Henry Lorencz, formerly a registered representative employed by RBC Dominion Securities Inc. ("the Member firm") in its branch office in Edmonton, Alberta, a penalty in the form of a permanent prohibition against his approval in any capacity with any Member of the Association.