The Investment Dealers Association of Canada announced today that the membership rights and privileges of Rampart Securities Inc. continue to be suspended. This follows an Order in the Superior Court of Justice on October 24, 2001, adjudging Rampart bankrupt and the making of a receiving order against Rampart, wherein Ernst & Young was appointed trustee of the estate of Rampart.
Rampart’s membership rights and privileges were originally suspended on August 14, 2001, for a capital deficiency.