Decision Notice - CIRO Sanctions Lifan Song
WINNIPEG, MB, Feb. 23, 2024 /CNW/ - On February 6, 2024, a hearing panel of the Canadian Investment Regulatory Organization (CIRO) accepted a settlement agreement, with sanctions, between Enforcement Staff and Lifan Song.
- WINNIPEG, MB, Feb. 23, 2024 /CNW/ - On February 6, 2024, a hearing panel of the Canadian Investment Regulatory Organization (CIRO) accepted a settlement agreement, with sanctions, between Enforcement Staff and Lifan Song.
- Lifan Song admitted he failed to report to the Dealer Member complaints that he received from clients, and without the prior written consent of the Dealer Member, paid compensation to clients.
- Lifan Song also provided a false or misleading response to the Dealer Member during its investigation into his conduct.
- Lifan Song also agreed to pay costs in the amount of $5,000.