Dealer

CIRO Hearing Panel issues Reasons for Decision in the matter of Donald Gable

Retrieved on: 
Friday, April 5, 2024
AB, Dealer, Sale, CIRO, The central science, Investment

The hearing panel issued its reasons for decision on March 22, 2024, which are available at:

Key Points: 
  • The hearing panel issued its reasons for decision on March 22, 2024, which are available at:
    In its reasons for decision, the hearing panel confirmed the sanctions imposed on Donald Gable.
  • Donald Gable is also required to pay costs in the amount of $7,500.
  • During the period described in the Notice of Hearing, Donald Gable conducted business in the Calgary, Alberta area.
  • CIRO is committed to the protection of investors, providing efficient and consistent regulation, and building Canadians' trust in financial regulation and the people managing their investments.

Decision Notice - CIRO Hearing Panel issues Reasons for Decision in the matter of Lifan Song

Retrieved on: 
Tuesday, April 2, 2024
MB, Investment, Dealer, CIRO, Hearing, The central science, Security (finance)

Lifan Song also provided a false or misleading response to the Dealer Member during its investigation into his conduct.

Key Points: 
  • Lifan Song also provided a false or misleading response to the Dealer Member during its investigation into his conduct.
  • The hearing panel issued its reasons for decision on March 21, 2024, which are available at:
    In its reasons for decision, the hearing panel confirmed the sanctions imposed on the respondent.
  • Lifan Song also agreed to pay costs in the amount of $5,000.
  • Lifan Song conducted business with Investors Group Financial Services Inc. in the Winnipeg, Manitoba area.

Hearing Notice - CIRO to Hold a Disciplinary Hearing in the matter of Echelon Wealth Partners and Stephen Burns

Retrieved on: 
Wednesday, March 27, 2024
Echelon, Hearing, Investment, Dealer, OTC, The central science, CIRO, Security (finance)

TORONTO, March 27, 2024 /CNW/ - A hearing has been scheduled before a hearing panel of the Canadian Investment Regulatory Organization (CIRO) under the Investment Dealer and Partially Consolidated Rules to set a date for a disciplinary hearing in the matter of Echelon Wealth Partners Inc. (Echelon) and Stephen Burns.

Key Points: 
  • TORONTO, March 27, 2024 /CNW/ - A hearing has been scheduled before a hearing panel of the Canadian Investment Regulatory Organization (CIRO) under the Investment Dealer and Partially Consolidated Rules to set a date for a disciplinary hearing in the matter of Echelon Wealth Partners Inc. (Echelon) and Stephen Burns.
  • The decision of the hearing panel will be made available at www.ciro.ca .
  • The Notice of Hearing and Statement of Allegations, which set out the allegations, are available at:
    The allged violations occurred while Stephen Burns was a Registered Representative with Echelon where he is still employed in a registered capacity.
  • Echelon has been a Dealer Member with CIRO and its predecessors since April 8, 2010.

Hearing Notice - IN THE MATTER OF Lorne Allison - Adjournment

Retrieved on: 
Monday, March 25, 2024
Investment, Dealer, CIRO, Hearing, The central science

VANCOUVER, BC, March 25, 2024 /CNW/ - An initial appearance in the matter of Lorne Stuart Allison was scheduled before a hearing panel of the Canadian Investment Regulatory Organization (CIRO) for March 15, 2024.

Key Points: 
  • VANCOUVER, BC, March 25, 2024 /CNW/ - An initial appearance in the matter of Lorne Stuart Allison was scheduled before a hearing panel of the Canadian Investment Regulatory Organization (CIRO) for March 15, 2024.
  • The hearing is open to the public unless the hearing panel orders otherwise.
  • The hearing concerns allegations that between September 2020 and February 2021, Lorne Allison engaged in securities related business that was not carried on for the account or through the facilities of the Dealer Member.
  • The Notice of Hearing and Statement of Allegations which sets out the allegations are available at:
    The alleged violations occurred while Lorne Allison carried on business in the Vancouver Island, British Columbia area.

Decision Notice - CIRO Hearing Panel issues Reasons for Decision in the matter of TD Investment Services Inc.

Retrieved on: 
Monday, March 25, 2024
Dealer, The central science, Investment, Hearing, Policy, Legislation, Financial adviser

The hearing panel issued its reasons for decision on March 12, which are available at:

Key Points: 
  • The hearing panel issued its reasons for decision on March 12, which are available at:
    In its reasons for decision, the hearing panel confirmed the sanctions imposed on TDIS.
  • In particular:
    TDIS shall in the future comply with Mutual Fund Dealer Rules 1.4(a), 2.5.1, 2.11, 300, and 600 (formerly, MFDA Rules 1.4(a), 2.5.1, and 2.11 and MFDA Policy Nos.
  • TD Investment Services Inc. is a Dealer Member registered as a mutual fund dealer and is registered under securities legislation in all Canadian provinces and territories.
  • The Canadian Investment Regulatory Organization (CIRO) is the national self-regulatory organization that oversees all investment dealers, mutual fund dealers and trading activity on Canada's debt and equity marketplaces.

Automotive Demand Rebounds After January's Seasonal Slide

Retrieved on: 
Monday, March 18, 2024
Cat, Pressure, Growth, Dealer, Movement, Environment

GRAND RAPIDS, Mich., March 18, 2024 /PRNewswire/ -- The ZeroSum State of the Dealer Report is the first and premier data source for the new, used, and certified pre-owned automotive market.

Key Points: 
  • After a seasonal beginning-of-the-year dip in new vehicle supply in January, inventories resumed their climb in February.
  • The current month's level surpassed December's count, indicating that the industry is back on the ongoing growth trajectory that played out in 2023.
  • Vehicle movement also saw a jump in February, and ZeroSum's 30-day forecast for March points to additional growth.
  • ZeroSum serves as a crucial resource for automotive dealers, offering indispensable data on supply and demand trends and delivering unprecedented insights on inventory and 30-day forecasts on vehicle movement.

Hearing Notice - CIRO to Hold a Disciplinary Hearing for Patrick Joseph Conlin

Retrieved on: 
Monday, March 18, 2024
Dealer, Hearing, CIRO, The central science, Investment, Financial adviser

TORONTO, March 18, 2024 /CNW/ - A hearing has been scheduled before a hearing panel of the Canadian Investment Regulatory Organization (CIRO) under the Mutual Fund Dealer Rules in the matter of Patrick Joseph Conlin.

Key Points: 
  • TORONTO, March 18, 2024 /CNW/ - A hearing has been scheduled before a hearing panel of the Canadian Investment Regulatory Organization (CIRO) under the Mutual Fund Dealer Rules in the matter of Patrick Joseph Conlin.
  • The hearing is open to the public unless the panel orders otherwise.
  • The decision of the hearing panel will be made available at www.ciro.ca .
  • The Notice of Hearing and Statement of Allegations, which set out the allegations, are available at:
    The alleged violations occurred while Patrick Conlin was a Registered Representative with the London, Ontario branch of Investors Group Financial Services Inc. Patrick Conlin is no longer a registrant with a CIRO-regulated firm.

Hearing Notice - CIRO to Hold a Disciplinary Hearing for Franco Caligiuri

Retrieved on: 
Thursday, March 14, 2024
Investment, Respondent, Dealer, Sale, CIRO, Hearing, The central science, Financial adviser

VANCOUVER, BC, March 14, 2024 /CNW/ - A hearing has been scheduled before a hearing panel of the Canadian Investment Regulatory Organization (CIRO) under the Mutual Fund Dealer Rules in the matter Franco Caligiuri.

Key Points: 
  • VANCOUVER, BC, March 14, 2024 /CNW/ - A hearing has been scheduled before a hearing panel of the Canadian Investment Regulatory Organization (CIRO) under the Mutual Fund Dealer Rules in the matter Franco Caligiuri.
  • The hearing is open to the public unless the panel orders otherwise.
  • The decision of the hearing panel will be made available at www.ciro.ca .
  • The Notice of Hearing and Statement of Allegations, which set out the allegations, are available at:
    At all material times, the Respondent conducted business in the Burnaby, British Columbia area.

CIRO to Hold a Disciplinary Hearing for Sandly Alteon

Retrieved on: 
Tuesday, March 5, 2024
Dealer, Hearing, The central science, CIRO, Respondent, Exercise, Investment

TORONTO, March 5, 2024 /CNW/ - A hearing has been scheduled before a hearing panel of the Canadian Investment Regulatory Organization (CIRO) under the Mutual Fund Dealer Rules in the matter of Sandly Alteon.

Key Points: 
  • TORONTO, March 5, 2024 /CNW/ - A hearing has been scheduled before a hearing panel of the Canadian Investment Regulatory Organization (CIRO) under the Mutual Fund Dealer Rules in the matter of Sandly Alteon.
  • The hearing is open to the public unless the panel orders otherwise.
  • The decision of the hearing panel will be made available at www.ciro.ca .
  • Background information regarding the qualifications and disciplinary history, if any, of advisors currently employed by CIRO-regulated investment firms is available free of charge through the AdvisorReport service.

We Help Dealers Launches Comprehensive Inventory Sourcing Service

Retrieved on: 
Monday, March 4, 2024
Dealer, Acquisition, Subaru of America, Marketing, Mechanics, Nissan USA, Mitsubishi Motors North America, Business administration, LAS, California State University, Research, Car dealership

LAS VEGAS, March 4, 2024 /PRNewswire-PRWeb/ -- We Help Dealers, a leading dealership solution provider, today announced the launch of a comprehensive inventory sourcing service, designed to assist dealer efficiency and productivity. The service adds wholesale vehicle acquisition to We Help Dealers' wide range of portfolio offerings.

Key Points: 
  • LAS VEGAS, March 4, 2024 /PRNewswire-PRWeb/ -- We Help Dealers, a leading dealership solution provider, today announced the launch of a comprehensive inventory sourcing service, designed to assist dealer efficiency and productivity.
  • The service adds wholesale vehicle acquisition to We Help Dealers' wide range of portfolio offerings.
  • The research needed to find desirable inventory at better-than-market price takes time, and We Help Dealers handles the necessary research, based on individual dealer preferences, allowing dealers to focus on more important, executive matters.
  • We Help Dealers is a nationwide firm headquartered in Las Vegas, Nevada, and can be contacted online at WeHelpDealers.com .