(July 27 – 10:50 ET) – The Globe and Mail is reporting that securities regulators have started their nationwide stock manipulation probe.

The newspaper reports that fund management firms have been asked for trading records and trading transcripts as they examine the money managers trading in the wake of the RT Capital Management Inc. high closing scandal. The B.C. Securities Commission has reportedly requested trading records for December 30 and 31, 1999, March 30 and 31, 2000 and June 29 and 30, 2000.

The newspaper reports that regulators in Alberta and Ontario have also sent letters to fund managers likely indicating similar requests.
-IE Staff