The Investment Dealers Association of Canada has set a hearing date for the consideration of a settlement agreement by the Ontario District Council of the Association.

The settlement agreement between the IDA Regulation staff and Richard Thomas Marion is in respect of Marion’s conduct while he was employed and registered at the Mississauga Branch office of CIBC Wood Gundy Inc., now CIBC World Markets Inc.

The hearing is scheduled to commence at 9:30 a.m. or shortly thereafter on Monday, September 24, 2001 at the IDA office, Standard Life Building, 121 King Street West, 16th Floor, Main Boardroom, Toronto, Ontario. The hearing is open to the public except as may be required for the protection of confidential matters.

If the Settlement Agreement is accepted by the Ontario District Council, the Association will issue a Bulletin setting out terms of settlement, including violation(s) committed, a summary of the agreed facts, and the discipline penalty imposed; copies of the Bulletin and Settlement Agreement will be made available.