Enforcement Notice - Decision 16-0006 - IN THE MATTER OF Scott Philip Lower - Appeal Decision

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:
http://www.bcsc.bc.ca/Enforcement/Decisions/PDF/2015_BCSECCOM_433/.

The IIROC Hearing Panel's decision dated August 12, 2009, is available at:
http://docs.iiroc.ca/DisplayDocument.aspx?DocumentID=5E03A1B8D0904A489652E08D6BC59E0C&Language=en.

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

Enforcement Contact: Warren Funt, Vice-President, Western Canada, 604 331-4750, [email protected]; Media Contact: Karen Archer, Manager, Media Relations, 416 865-3046, [email protected]