Respondent

Hearing Notice - CIRO to Hold an Interim Appearance in the matter of Zahir Lehri

Retrieved on: 
Tuesday, March 5, 2024

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

Key Points: 
  • TORONTO, March 5, 2024 /CNW/ - An interim appearance has been scheduled before a hearing panel of the Canadian Investment Regulatory Organization (CIRO) under the Mutual Fund Dealer Rules in the matter of Zahir Lehri.
  • The interim appearance will be in camera and not open to the public.
  • The Notice of Hearing and Statement of Allegations are available at:
    During the period described in the Notice of Hearing, the Respondent conducted business in the Brampton, Ontario area.
  • 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.

CIRO to Hold a Disciplinary Hearing for Sandly Alteon

Retrieved on: 
Tuesday, March 5, 2024

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.

Hearing Notice - IN THE MATTER OF Sandly Alteon - Adjournment

Retrieved on: 
Tuesday, February 13, 2024

TORONTO, Feb. 13, 2024 /CNW/ - An initial appearance scheduled before a hearing panel of the Canadian Investment Regulatory Organization (CIRO) in the matter of Sandly Alteon for February 5, 2024 has been adjourned to February 20, 2024.

Key Points: 
  • TORONTO, Feb. 13, 2024 /CNW/ - An initial appearance scheduled before a hearing panel of the Canadian Investment Regulatory Organization (CIRO) in the matter of Sandly Alteon for February 5, 2024 has been adjourned to February 20, 2024.
  • The hearing is open to the public unless the hearing panel orders otherwise.
  • The Notice of Hearing and Statement of Allegations which sets out the allegations are available at:
    At all material times, Sandly Alteon conducted business in the Laval, Quebec area.
  • Information on how to make dealer, advisor or marketplace-related complaints is available by calling 1-877-442-4322.

Decision Notice - CIRO Hearing Panel Issues Reasons for Decision in the matter of Omadai (Amy) Sukhai

Retrieved on: 
Monday, February 12, 2024

The hearing panel has issued their reasons for decision, dated February 2, 2024, which are available at:

Key Points: 
  • The hearing panel has issued their reasons for decision, dated February 2, 2024, which are available at:
    During the period described in the Notice of Hearing, Omadai Sukhai conducted business in the Toronto, Ontario area.
  • 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.
  • Information on how to make dealer, advisor or marketplace-related complaints is available by calling 1-877-442-4322.
  • 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.

CIRO Sanctions Donald Warren Metcalfe

Retrieved on: 
Tuesday, February 6, 2024

VANCOUVER, BC, Feb. 6, 2024 /CNW/ - Following a penalty hearing held on January 30, 2024 pursuant to the Investment Dealer and Partially Consolidated Rules, a hearing panel of the Canadian Investment Regulatory Organization (CIRO) imposed the following sanctions on Donald Warren Metcalfe:

Key Points: 
  • VANCOUVER, BC, Feb. 6, 2024 /CNW/ - Following a penalty hearing held on January 30, 2024 pursuant to the Investment Dealer and Partially Consolidated Rules, a hearing panel of the Canadian Investment Regulatory Organization (CIRO) imposed the following sanctions on Donald Warren Metcalfe:
    a permanent bar to approval in any capacity.
  • Donald Warren Metcalfe is also required to pay costs in the amount of $68,908.
  • The violations occurred while Donald Warren Metcalfe was the President and Chief Operating Officer of Chippingham Financial Group Limited and later the Executive Vice Chairman and a Director of PI Financial Corp.
  • 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 Ramanbhai Patel

Retrieved on: 
Friday, February 2, 2024

During the period described in the Notice of Hearing, the Respondent conducted business in the Woodbridge, Ontario area.

Key Points: 
  • During the period described in the Notice of Hearing, the Respondent conducted business in the Woodbridge, Ontario area.
  • 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.
  • 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.
  • 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.

CIRO to Hold a Disciplinary Hearing for Carren Au

Retrieved on: 
Friday, February 2, 2024

TORONTO, Feb. 2, 2024 /CNW/ - A first appearance was held before a hearing panel of the Canadian Investment Regulatory Organization (CIRO) under the Mutual Fund Dealer Rules in the matter of Carren Kwok Wah Au on January 25, 2024.

Key Points: 
  • TORONTO, Feb. 2, 2024 /CNW/ - A first appearance was held before a hearing panel of the Canadian Investment Regulatory Organization (CIRO) under the Mutual Fund Dealer Rules in the matter of Carren Kwok Wah Au on January 25, 2024.
  • A hearing on the merits of this matter has been scheduled for March 28, 2024.
  • The hearing is open to the public unless the hearing panel orders otherwise.
  • The Notice of Hearing and Statement of Allegations, which set out the allegations, are available at:
    During the period described in the Notice of Hearing, Carren Au conducted business in the Toronto, Ontario area.

Decision Notice - CIRO Hearing Panel issues Reasons for Decision in the matter of Samantha Cauvier

Retrieved on: 
Wednesday, January 31, 2024

The hearing panel issued its reasons for decision on January 30, 2024, which are available at:

Key Points: 
  • The hearing panel issued its reasons for decision on January 30, 2024, which are available at:
    In its reasons for decision, the hearing panel confirmed the fine in the amount of $2,500 imposed on Samantha Cauvier.
  • Samantha Cauvier is also required to pay costs in the amount of $5,000.
  • During the period described in the Settlement Agreement, Samantha Cauvier carried on business in the Carleton Place, Ontario 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.

CFP Board Launches Video Series and Handbook to Explain CFP Board's Enforcement and Adjudication Process

Retrieved on: 
Tuesday, January 30, 2024

WASHINGTON, Jan. 30, 2024 /PRNewswire/ -- CFP Board today announced it has produced the Upholding the Code & Standards video series and an associated Handbook for Respondents to educate CFP® professionals and the public about CFP Board's enforcement and adjudication process.

Key Points: 
  • WASHINGTON, Jan. 30, 2024 /PRNewswire/ -- CFP Board today announced it has produced the Upholding the Code & Standards video series and an associated Handbook for Respondents to educate CFP® professionals and the public about CFP Board's enforcement and adjudication process.
  • This video describes CFP Board's peer-review process for determining whether a CFP® professional has violated CFP Board's Code and Standards.
  • This video describes hearings before CFP Board's Disciplinary and Ethics Commission (DEC), decisions issued by the DEC and CFP Board's appeals process.
  • This video describes CFP Board's process for handling special cases, including cases involving conduct requiring emergency action and cases involving a Respondent's failure to cooperate with CFP Board's investigation or disciplinary process.

Decision Notice - CIRO Sanctions Simon Christopher Kelly

Retrieved on: 
Monday, January 29, 2024

During the period described in the Notice of Hearing, Simon Kelly conducted business in the Calgary, Alberta area.

Key Points: 
  • During the period described in the Notice of Hearing, Simon Kelly conducted business in the Calgary, Alberta area.
  • It can bring disciplinary proceedings which may result in sanctions including fines, suspensions, permanent bars, expulsion from membership, or termination of rights and privileges for individuals and firms.
  • 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.
  • 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.