TORONTO, Nov. 23, 2011 /CNW/ - A disciplinary hearing has been scheduled
before a Hearing Panel of the Investment Industry Regulatory
Organization of Canada ("IIROC") in the matter of Mark Steven Rotstein
and Jessica Elisabeth Zackheim.
The disciplinary hearing concerns allegations that Mr. Rotstein and Ms.
Zackheim forged dozens of client signatures on hundreds of account and
investment documents over more than a decade.
The hearing is open to the public, unless the Hearing Panel orders
April 16 to 23, 2012, at 10:00 a.m.
Legal Transcript Services
350 Bay Street, Suite 700
Toronto, Ontario M5H 2S6
Specifically, the allegation is that:
For more than a decade until March 2011, Mr. Rotstein and Ms. Zackheim
forged signatures on client account and investment related documents
contrary to IDA By-law 29.1 and IIROC Dealer Member Rule 29.1.
IIROC formally initiated the investigation into Mr. Rotstein and Ms.
Zackheim's conduct in May 2011. The alleged violations occurred when
Mr. Rotstein was a Registered Representative and Ms. Zackheim was an
Investment Representative at the North York Branch of RBC Dominion
Securities Inc., an IIROC regulated firm. Mr. Rotstein and Ms. Zackheim
are now registered in those capacities at the Head Office Branch of
Scotia Capital Inc., an IIROC regulated firm.
The Notice of Hearing is available at:
The Scheduling Order issued by the Hearing Panel is available at:
* * *
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 and permanent bans or
terminations 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.
IIROC is the national self-regulatory organization which oversees all
investment dealers and trading activity on debt and equity marketplaces
in Canada. Created in 2008 through the consolidation of the Investment
Dealers Association of Canada and Market Regulation Services Inc., 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.
SOURCE Investment Industry Regulatory Organization of Canada (IIROC) - General News
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