VANCOUVER, Jan. 5, 2016 /CNW/ - On November 20, 2015 the British
Columbia Securities Commission (BCSC) granted the Investment Industry
Regulatory Organization of Canada's application that the BCSC refuse
Scott Philip Lower's request for a hearing and review of the August 12,
2009 decision of an IIROC Hearing Panel.
The BCSC decision dated December 3, 2015 is available at:
The IIROC Hearing Panel's decision dated August 12, 2009, is available
Documents related to ongoing IIROC enforcement proceedings - including
Reasons and Decisions of Hearing Panels - are posted on the IIROC
website as they become available. Click here to search and access all IIROC enforcement documents.
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IIROC is the national self-regulatory organization which 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 maintaining efficient and competitive capital markets. IIROC
carries out its regulatory responsibilities through setting and
enforcing rules regarding the proficiency, business and financial
conduct of dealer firms and their registered employees and through
setting and enforcing market integrity rules regarding trading activity
on Canadian equity marketplaces.
IIROC investigates possible misconduct by its member firms and/or
individual registrants. It can bring disciplinary proceedings which may
result in penalties including fines, suspensions, permanent bars,
expulsion from membership, or termination of rights and privileges for
individuals and firms.
All information about disciplinary proceedings relating to current and
former member firms is available in the Enforcement section of the IIROC website. Background information regarding the
qualifications and disciplinary history, if any, of advisors currently
employed by IIROC-regulated firms is available free of charge through
the IIROC AdvisorReport service. Information on how to make investment dealer, advisor or
marketplace-related complaints is available by calling 1 877 442-4322.
SOURCE Investment Industry Regulatory Organization of Canada (IIROC) - General News
For further information:
Enforcement Contact: Warren Funt, Vice-President, Western Canada, 604 331-4750, email@example.com; Media Contact: Karen Archer, Manager, Media Relations, 416 865-3046, firstname.lastname@example.org