Well I finally hear from the authorities on the complaint raised regarding the market manipulations on ARU. It is sort of "we hear you, but don't call us we'll call you" type of response. Let's see where that takes us. Here is the response:
_____________________________________
Thank you for your email regarding the unusual trading in Aurelian Resources Inc. ("ARU") on the Toronto Stock Exchange.
Please note that staff at Market Regulation Services Inc. ("RS") routinely monitor trading and review all instances of unusual trading. As such, this
information has been forwarded to a trading analyst for further review. Due to our confidentiality guidelines, we are unable to comment on or
disclose any information about any matter being reviewed, and as such, you will hear nothing further from us in this regard. However, please be assured that appropriate action will be taken.
RS exists to develop, administer, surveil and enforce trading rules through the Universal Market Integrity Rules ("UMIR"), in the Canadian
securities market. You may find out more about UMIR by clicking on this link:
http://www.rs.ca/en/mktpol/umir.asp?printVersion=no&loc1=mktPol&loc2=umir
, or by visiting our website at www.rs.ca, then selecting "Market Policy" from the menu options at the top. "UMIR" is the first link shown in the
first paragraph.
If you have any further concerns, please do not hesitate to contact us at any time.
Regards,
Olga Wallington
Corporate Compliance Officer
Market Regulation Services Inc.
416-646-7299 (phone)
416-646-7265 (fax)
inquiries@rs.ca (email)
www.rs.ca