Re: The slovenly insider trading regulations of the TSX and the Canadian Regulatory Authorities.
Today as per my earlier post, there in aggregate were 7,500,000 shares of Connacher sold by "insiders". My intent is not to uphold the virtue of any country but in the US, there is a "blackout window, as I recall, thirty days prior to thirty days following a news event, where "insider trading" is specifically prohibited. It is frequently punishable by both fines and and jail sentences. Obviously, as "insider activity" was reported in a volume of 7,500,000 shares of Connacher sold by "insiders" as of yesterday, Canada must have exceedingly lax regulatory control of "insider" trading. If this is the case, I find it not only disturbing but, absolutely corrupt!!
Brian Miller