Enforcement Notice - IN THE MATTER OF Jamie Peter Yaskiw - Discipline Hearing

CALGARY, Aug. 15, 2016 /CNW/ - A hearing has been scheduled before a Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) in the matter of Jamie Peter Yaskiw.

The hearing concerns allegations that Mr. Yaskiw failed to know his clients, made unsuitable recommendations, and engaged in discretionary trading with respect to the accounts of four clients.

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.

Hearing Date:

October 18 – 21, 2016 at 10:00 a.m.


Bow Valley Square Conference Center (Bow valley Square
tower 2, 3rd Floor), Hamilton Room, 205 – 5th Avenue SW,
Calgary, Alberta


Specifically, the allegations are that:


Between approximately January 2012 and June 2014, Mr. Yaskiw failed
to use due diligence to learn and remain informed of the essential facts
relative to four clients, contrary to Dealer Member Rule 1300.1(a);


Between approximately January 2012 and June 2014, Mr. Yaskiw failed
to use due diligence to ensure that recommendations were suitable for
four clients, contrary to Dealer Member Rule 1300.1(q); and


Between approximately January 2012 and June 2014, Mr. Yaskiw
engaged in discretionary trading with respect to the accounts of
four clients, without being authorized and approved as having
discretionary authority, contrary to Dealer Member Rule 1300.4.


IIROC formally initiated the investigation into Mr. Yaskiw's conduct in December 2014. The alleged violations occurred while he was a Registered Representative with the Calgary branch of Wolverton Securities Ltd., an IIROC-regulated firm.   Mr. Yaskiw is no longer a registrant with an IIROC-regulated firm.

The Notice of Hearing which sets out the allegations is available at: http://docs.iiroc.ca/DisplayDocument.aspx?DocumentID=C61352E2D4484A9B8B4AB7AEBF9492F2&Language=en

*  *  *

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: Warren Funt, Vice President, Western Canada, 604 331-4750, wfunt@iiroc.ca; Media Contact: Karen Archer, Manager, Media Relations, 416 865-3046, karcher@iiroc.ca


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890