Former US Secretary of State Mike Pompeo joins ACG Metals board
Pompeo joins ACG as part of a strategic partnership the firm has signed with Impact Investments LLC, where he is executive chairman.
TORONTO, Canada — May 29, 2014 / (http://www.myprgenie.com) — International Depository Services of Canada (IDS of Canada) is proud to announce that it has been recognized as an entity approved to hold LBMA gold and silver delivery bars by the Investment Industry Regulatory Organization of Canada (IIROC).
IDS of Canada has satisfied IIROC’s stringent requirements to become one of only eight entities suitable to hold LBMA Gold and Silver Good Delivery Bars. The IIROC sub committee has approved IDS effective as of May 15, 2014 as outlined in IIROC Notice 14-0123.
“We are honored to be associated with such a prominent and respected organization as IIROC. Being accepted further demonstrates IDS of Canada’s commitment to the physical metals market locally and internationally” notes Robyn Sprott, managing director of IDS of Canada.
With this approval, IDS of Canada can hold a Dealer Member’s inventory and client positions in gold and silver bullion without capital penalty, provided that all other related Dealer Member rules such as written custodial agreement and segregation, are met.
