Investment Industry Regulatory Organization of Canada

Enforcement Notice - Hearing - IN THE MATTER OF Yonathan Chanoch Shields - Penalty Hearing

Thursday, September 23, 2021 - 8:35pm

TORONTO, Sept. 23, 2021 /CNW/ -A penalty hearing has been scheduled before a Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) in the matter of Yonathan Chanoch Shields.

Key Points: 
  • TORONTO, Sept. 23, 2021 /CNW/ -A penalty hearing has been scheduled before a Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) in the matter of Yonathan Chanoch Shields.
  • Mr. Shields implemented a high-risk options on futures trading strategy for nine clients.
  • The Hearing Panel's liability decision is available at:
    IIROC formally initiated the investigation into Mr. Shields's conduct in April 2018.
  • The penalty hearing is open to the public unless the Hearing Panel orders otherwise.

Enforcement Notice - Decision - IIROC Sanctions Former Toronto Investment Advisor Scott Andrew Hanson

Thursday, September 23, 2021 - 6:30pm

TORONTO, Sept. 23, 2021 /CNW/ -On September 16, 2021, a Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) accepted a Settlement Agreement, with sanctions, between IIROC staff and Scott Andrew Hanson.

Key Points: 
  • TORONTO, Sept. 23, 2021 /CNW/ -On September 16, 2021, a Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) accepted a Settlement Agreement, with sanctions, between IIROC staff and Scott Andrew Hanson.
  • Pursuant to the Settlement Agreement, Mr. Hanson agreed to the following penalty:
    (a) Global fine of $42,000;
    (c) A prohibition of approval for 3 months.
  • IIROC is the pan-Canadian self-regulatory organization that oversees all investment dealers and their trading activity in Canada's debt and equity markets.
  • IIROC sets high quality regulatory and investment industry standards, protects investors and strengthens market integrity while supporting healthy Canadian capital markets.

Canadian securities regulators outline expectations for advertising and marketing by crypto trading platforms

Thursday, September 23, 2021 - 5:21pm

Securities regulators have noticed a recent increase in advertising and marketing by crypto trading platforms.

Key Points: 
  • Securities regulators have noticed a recent increase in advertising and marketing by crypto trading platforms.
  • In several cases, CSA and IIROC staff have observed statements in crypto trading platforms' advertising and marketing materials that could mislead investors.
  • Staff are also concerned about crypto trading platforms' use of gambling-style promotions that may encourage excessive and risky trading by retail investors.
  • "Crypto trading platforms should consider their advertising and marketing strategies in the context of their obligations to treat clients fairly and honestly," said Andrew J. Kriegler, IIROC President and CEO.

CSE Bulletin: Halted for Fundamental Change - Alchemist Mining Inc. (AMS.X)

Tuesday, September 21, 2021 - 8:58pm

Toronto, Ontario--(Newsfile Corp. - Le 21 septembre/September 2021) Trading in the shares of Alchemist Mining Inc. will remain halted pending receipt and review of acceptable documentation regarding the Fundamental Acquisition pursuant to CSE Policy 8 .

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - Le 21 septembre/September 2021) Trading in the shares of Alchemist Mining Inc. will remain halted pending receipt and review of acceptable documentation regarding the Fundamental Acquisition pursuant to CSE Policy 8 .
  • This regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange, pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.
  • La ngociation des actions de Alchemist Mining Inc. restera interrompue en attendant la rception et l'examen des documents acceptables concernant l'acquisition fondamentale conformment la politique 8 du CSE .
  • Veuillez consulter le communiqu de presse des metteurs pour plus de dtails.

FSD Pharma Announces Engagement with Capital Markets Communications Providers and Market Maker

Wednesday, September 22, 2021 - 11:30pm

Management has made this decision following a thorough review of capital on hand and allocated these resources to investor relations.

Key Points: 
  • Management has made this decision following a thorough review of capital on hand and allocated these resources to investor relations.
  • North Equities' engagement is for a term of seven months (contract signed July 23, 2021).
  • The FSD Shares will be subject to the statutory hold period of four months and one day.
  • KCSA, a leading New York City-based communications firm, has been engaged month to month to develop strategic communications.

Enforcement Notice - Decision - IIROC Withdraws Allegation Against Gerald Douglas McRae

Wednesday, September 22, 2021 - 8:15pm

TORONTO, Sept. 22, 2021 /CNW/ -The Investment Industry Regulatory Organization of Canada (IIROC) is withdrawing the allegation of a regulatory contravention against Gerald Douglas McRae.

Key Points: 
  • TORONTO, Sept. 22, 2021 /CNW/ -The Investment Industry Regulatory Organization of Canada (IIROC) is withdrawing the allegation of a regulatory contravention against Gerald Douglas McRae.
  • All information about disciplinary proceedings relating to current and former member firms is available in the Enforcement section of the IIROC website.
  • IIROC is the pan-Canadian self-regulatory organization that oversees all investment dealers and their trading activity in Canada's debt and equity markets.
  • IIROC sets high quality regulatory and investment industry standards, protects investors and strengthens market integrity while supporting healthy Canadian capital markets.

Prophecy DeFi Announces New Appointment to Advisory Committee

Tuesday, September 21, 2021 - 2:42pm

TORONTO, Sept. 21, 2021 /PRNewswire/ - Prophecy DeFi Inc. ("Prophecy DeFi", or the "Company") (CSE: PDFI) is pleased to announce that it has appointed Mr. Peng Zhong to the Company's Advisory Committee, effective immediately.

Key Points: 
  • TORONTO, Sept. 21, 2021 /PRNewswire/ - Prophecy DeFi Inc. ("Prophecy DeFi", or the "Company") (CSE: PDFI) is pleased to announce that it has appointed Mr. Peng Zhong to the Company's Advisory Committee, effective immediately.
  • "I amexcitedto join Prophecy DeFi's Advisory Committee," said Peng Zhong.
  • "As the Chair of Prophecy DeFi's Advisory Committee, I am delighted to welcome Peng Zhong aboard.
  • "We are thrilled to have Peng Zhong join as an Advisor to Prophecy DeFi," said John McMahon, CEO, Prophecy DeFi.

Enforcement Notice - Decision - IIROC Hearing Panel Finds Former Vancouver Investment Advisor Mohammad Movassaghi Liable

Thursday, September 16, 2021 - 8:40pm

VANCOUVER, BC, Sept. 16, 2021 /CNW/ -Following a disciplinary hearing, a Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) found Mohammad Movassaghi liable forContraventions 1 and 2 in the Statement of Allegations.

Key Points: 
  • VANCOUVER, BC, Sept. 16, 2021 /CNW/ -Following a disciplinary hearing, a Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) found Mohammad Movassaghi liable forContraventions 1 and 2 in the Statement of Allegations.
  • The violations occurred while he was a Registered Representative with the Vancouver branch of Harbourfront Wealth Management Inc., an IIROC-regulated firm.
  • IIROC is the pan-Canadian self-regulatory organization that oversees all investment dealers and their trading activity in Canada's debt and equity markets.
  • IIROC sets high quality regulatory and investment industry standards, protects investors and strengthens market integrity while supporting healthy Canadian capital markets.

Enforcement Notice - Decision - IN THE MATTER OF Joseph Anthony Thomson - Settlement Accepted

Thursday, September 16, 2021 - 8:10pm

TORONTO, Sept. 16, 2021 /CNW/ - On September 14, 2021, a Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) accepted a Settlement Agreement, with sanctions, between IIROC staff and Joseph Anthony Thomson.

Key Points: 
  • TORONTO, Sept. 16, 2021 /CNW/ - On September 14, 2021, a Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) accepted a Settlement Agreement, with sanctions, between IIROC staff and Joseph Anthony Thomson.
  • Mr. Thomson also agreed to pay costs in the amount of $100,000.
  • The Settlement Agreement is available at:
    IIROC would like to thank the Ontario Securities Commission for its extensive assistance in this matter and the parallel mediation.
  • All information about disciplinary proceedings relating to current and former member firms is available in the Enforcement section of the IIROC website.

Enforcement Notice - Hearing - IIROC Begins Disciplinary Action Against Former Calgary Investment Advsior Jeffrey Brian Ber

Wednesday, September 15, 2021 - 8:40pm

CALGARY, AB, Sept. 15, 2021 /CNW/ -An appearance has been scheduled before a Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) for the purpose of setting a date for the disciplinary hearing in the matter of Jeffrey Brian Ber.

Key Points: 
  • CALGARY, AB, Sept. 15, 2021 /CNW/ -An appearance has been scheduled before a Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) for the purpose of setting a date for the disciplinary hearing in the matter of Jeffrey Brian Ber.
  • The conduct occurred while he was a Registered Representative with the Calgary branch of TD Waterhouse Canada Inc., an IIROC-regulated firm.
  • IIROC is the pan-Canadian self-regulatory organization that oversees all investment dealers and their trading activity in Canada's debt and equity markets.
  • IIROC sets high quality regulatory and investment industry standards, protects investors and strengthens market integrity while supporting healthy Canadian capital markets.