The Canadian Ban applies only to Canadian Bank/Financial Stocks that have a listing on a US Exchange, if I recall some earlier reading on the matter.

However, seeing as the most valuable/treasured Canadian Stocks are in the Resource Sector here in Canada and there are many Moneyed individuals, Venture Capital types, and Hedge Fund like Stock trader/dealers, and the like, heavily involved in the Canadian Resource Sector, who have long been well known for promotion of their own self interest with respect to the Canadian Resource Sector, AND, who have also been spouting off about the big tumble they knew was going to occur in the Canadian Resource Sector, due to the anticipated drubbing they and their US counterparts were expecting in the US Financial System, due to it's (many US Financial Institutions) incessant practices respecting the now so called Sub Prime/Credit Crunch as well as due to their selling off of very significant amounts of their stake(s) in the Canadian Resource Sector. Though also saying the Canadian Resource Sector would survive but only with the "Best of the Best" Junior Explorers remaining in tact if and only if those "Best of the Best" were well cashed up prior to the anticipated Collapse in the US Financial System, I would like to continue the big clamor being posted there from back in mid/late Winter through last month in pressuring the Canadian Authorities (and these Authorities need not be the lower ranked Authorities such as Provincial Securities Regulators) to take action respecting several questionable if not predatory and legally suspect (at best) TACTICS, ACTIVITY, and/or PRACTICES in and surrounding the Trading of shares on Canadian Exchanges.

To that end, I high lighted in Bold, parts of the following Bloomberg Article respecting current measures ACTUALLY being taken in the USA. It would not at all be inappropriate to have the same measures instituted immediately in Canada with respect to the Canadian Venture Exchange Resource Exploration Juniors. Thus, any and all pressure any reader of the following article can bring to bear on ALL the Authorities within CANADA to have similar actions instituted here immediately can only but help out our cause (Noront Resources and all the Ring of Fire Mineral Explorers) specifically, and also be the start to cleaning up the apparently rather lax Proactive Oversight and Enforcement so badly needed for all aspiring Junior Resource Companies, or otherwise, listed on 'Any Canadian Regulated Stock Exchange'.
In addition, any concrete suggestions that could contribute to accomplishing this result would be welcome.
Old Joe

SEC Pushes Hedge Fund Oath in Manipulation Probe (Update1)
By David Scheer
Sept. 20 (Bloomberg) -- The U.S. Securities and Exchange Commission, seeking to jumpstart a hunt for suspected manipulation of financial stocks, will require hedge fund managers, brokerages and institutional investors to describe under oath their bets on the firms.
Investors with ``significant'' trades in the companies' securities or credit default swaps must disclose their positions and provide ``certain other information'' in written statements, the regulator said yesterday. SEC spokesman John Nester declined to say who would receive the requests.
The SEC issued a series of emergency measures, rules and warnings to hedge funds this past week as lawmakers including Senate Banking Committee Chairman Christopher Dodd and executives such as Morgan Stanley Chief Executive Officer John Mack said traders may be spreading misinformation and using abusive tactics to attack companies. On Sept. 17, the agency said it may also force funds to hand over their communications.
``This is the SEC saying it's going to get tough,'' said Barry Barbash, a former attorney at the agency now at Willkie Farr & Gallagher LLP, whose clients include hedge funds. ``By emphasizing that it's under oath, they're trying to say, `Don't think it's going to blow past us. Don't try to fast-talk us. We're taking a close look at what's going on.'''
Return Date
The regulator, which typically relies on subpoenas to acquire information, has resorted to sworn statements in some of its most prominent probes, such as its initial inquiry into the fraud that toppled WorldCom Inc. in 2002. In that case, investigators gave the company five days to describe what led it to restate earnings.
``I'm sure they'll have a very short return date for those sworn statements,'' said Gregory Bruch, a former SEC attorney who is a partner at Willkie Farr & Gallagher LLP in Washington. ``It'll give them a tremendous amount of information quickly.''
The New York Stock Exchange's regulatory arm and the Financial Industry Regulatory Authority, which polices almost 5,000 brokerages, will conduct a parallel probe into short sales, including on-site visits to firms, the SEC said. Large declines in brokerage shares this month were often accompanied or preceded by moves in credit default swaps tied to those firms, the Wall Street Journal reported today.
``Abusive short selling, market manipulation and false rumor mongering for profit by any entity cuts to the heart of investor confidence in our markets,'' said Linda Thomsen, the SEC's enforcement chief. ``We will root it out, expose it, and subject the guilty parties to the full force of the law.''
`Go Get Them'
The regulatory efforts are already attracting criticism from investors. James Chanos, president of hedge-fund firm Kynikos Associates Ltd., told CNBC yesterday there is ``no shred of evidence in the U.K. or the U.S. about a conspiracy or manipulation of shares'' and that short-sellers aren't to blame for the week's declines.
``If you have managers actively engaged in false rumor mongering and naked short selling, I'd say go get them,'' said Bill Grayson, president of Falcon Point Capital LLC, a San Francisco-based investment firm. ``But a wholesale witch hunt is not going to be met with a lot of smiling faces in the hedge-fund community.''
Among the SEC's other measures aimed at shoring up investor confidence this week, the regulator said it will force hedge funds and investors managing more than $100 million in securities to disclose their daily short-sale positions.
Yesterday, it temporarily banned short sales in shares of 799 financial companies through Oct. 2. Companies on the list include Morgan Stanley, Wachovia Corp., Washington Mutual Inc., Goldman Sachs Group Inc. and Warren Buffett's Berkshire Hathaway Inc.
To contact the reporter on this story: David Scheer in New York at dscheer@bloomberg.net.
Last Updated: September 20, 2008 09:07 EDT