IIROC to Hold a Settlement Hearing for CIBC World Markets Inc.
TORONTO, Dec. 7, 2022 /CNW/ - A hearing has been scheduled before a Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) to consider whether the panel should accept a Settlement Agreement entered into between IIROC staff and CIBC World Markets Inc.
- TORONTO, Dec. 7, 2022 /CNW/ - A hearing has been scheduled before a Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) to consider whether the panel should accept a Settlement Agreement entered into between IIROC staff and CIBC World Markets Inc.
- The hearing is not open to the public, but will become open in the event that the panel accepts the agreement.
- If the agreement is accepted, the Panel's decision and the Settlement Agreement will be made available at www.iiroc.ca .
- Hearing Date:The hearing will be held by way of videoconference on December 20, 2022 at 10:00 a.m. EST
IIROC formally initiated the investigation into CIBC World Market Inc.'s conduct in December 2021.