TORONTO, Jan. 3, 2018 /CNW/ - The Ontario Securities Commission (OSC) has confirmed decisions made by an IIROC Hearing Panel in the matter of Earl Marek. The decisions made on October 3, 2016 and February 27, 2017 were reviewed by the OSC when Mr. Marek applied for a review.
The OSC released its decision on December 4, 2017, and made the following Order:
- The application for a review of the IIROC decisions is dismissed and the IIROC decisions are confirmed.
The OSC's decision is available at: Marek (Re), 2017 ONSEC 41.
The IIROC Hearing Panel's decisions are available at:
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 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: Andrea Zviedris, Manager, Media Relations, 416 943-6906, email@example.com