TORONTO, Jan. 13, 2017 /CNW/ - A protective order hearing has been scheduled before a Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) in the matter of All Group Financial Services Inc. ("All Group").
At the protective order hearing, IIROC Staff will be seeking orders pursuant to Sections 8212 and 8426 of the Consolidated Enforcement, Examination and Approval Rules. In particular, IIROC Staff will be seeking, among other things, an order for the suspension of All Group's membership.
The hearing is open to the public, unless the Panel orders otherwise. The decision of the Hearing Panel will be made available at www.iiroc.ca.
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.
January 18, 2017 at 10:00 a.m.
Atchison & Denman
155 University Ave., 8th Floor
The Notice of Application which sets out the grounds for IIROC Staff's application is available at http://www.iiroc.ca/Documents/2017/41a033ec-4b48-4498-afd4-b0bde763f196_en.pdf.
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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 supporting healthy Canadian 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: Elsa Renzella, Vice-President, Enforcement, 416 943-5877, firstname.lastname@example.org; Media Contact: Karen Archer, Manager, Media Relations, 416 865-3046, email@example.com