End-of-year stock juicing is rampant on Bay St

Article Abstract:

Although RT Capital Management Inc. is in the spotlight for its price manipulation scandal, the it is not the only company in the investment industry responsible of "high closing" or "juicing". Statistics for the ends of 1997, 1998 and 1999 from the Toronto Stock Exchange reveal many stock prices that rose high on December 31st, then fell sharply in January.

Securities and Commodity Exchanges, Investment Banking, Security and commodity exchanges, Securities Exchanges, Statistical Data Included, Investment banks, Exchanges, Toronto Stock Exchange

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Elaborate trade strategies boosted stocks

Article Abstract:

The Ontario Securities Commission is investigating RT Capital Management Inc., which is owned by the Royal Bank of Canada. The OSC is looking at RT Capital trading activities, such as its investments in Multibanc NT Financial Corp.

Brief Article, Investigations

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Engineering.com considers legal action

Article Abstract:

Canada's online engineering services provider Engineering.com Inc., considers suing its underwiter Yorkton Securities Inc., and Ontario Securities Commission for matters unrelated to Engineering.com's securities filing

On-Line Information Services, Videotex & Teletext, Telegraph & other communications, Engineering Services, Securities issued, listed, Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Regulation misc. commercial sectors, Securities & Exchange Commisn, Online services, Internet services, Engineering firms, Yorkton Securities Inc., Engineering.com Inc.

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