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Cision Canada
29 minutes ago
- Cision Canada
Decision Notice - CIRO Hearing Panel issues Reasons for Decision in the matter of Jagdish Chandane Français
TORONTO, /CNW/ - Following a settlement hearing held on May 22, 2025 pursuant to the Mutual Fund Dealer Rules, a hearing panel of the Canadian Investment Regulatory Organization (CIRO) issued its reasons for decision on July 11, 2025. The hearing panel's reasons for decision are available at: Re Chandane 2025 CIRO 35 In their reasons for decision, the hearing panel found that Jagdish Chandane failed in his obligations regarding the proper execution of client account documents, resulting in the collection, possession, and use of pre-signed and altered client account forms. The hearing panel also confirmed a fine of $15,000 and costs of $2,500 imposed on Jagdish Chandane as part of the settlement. At all material times, Jagdish Chandane conducted business with Investia Financial Services Inc. in the Oakville, Ontario area. Jagdish Chandane is currently active in the industry as a dealing representative with Investia Financial Services Inc. The Canadian Investment Regulatory Organization (CIRO) is the national self-regulatory organization that oversees all investment dealers, mutual fund dealers and trading activity on Canada's debt and equity marketplaces. CIRO is committed to the protection of investors, providing efficient and consistent regulation, and building Canadians' trust in financial regulation and the people managing their investments. For more information, visit All information about disciplinary proceedings relating to current and former member firms and individual registrants under the Investment Dealer and Partially Consolidated Rules (for investment dealers), the Mutual Fund Dealer Rules (for mutual fund dealers) and the Universal Market Integrity Rules (UMIR) is available on CIRO's website. Background information regarding the qualifications and disciplinary history, if any, of advisors currently employed by CIRO-regulated investment firms is available free of charge through the AdvisorReport service. Information on how to make dealer, advisor or marketplace-related complaints is available by calling 1-877-442-4322. CIRO investigates possible misconduct by its member firms and individual registrants. It can bring disciplinary proceedings which may result in sanctions including fines, suspensions, permanent bars, expulsion from membership, or termination of rights and privileges for individuals and firms. All other Inquiries: Complaints & Inquiries Secure form Toll-free (Canada/US) 1-877-442-4322 SOURCE Canadian Investment Regulatory Organization (CIRO)
Edmonton Journal
3 hours ago
- Edmonton Journal
Arsenal's monster transfer fee for Canadian Olivia Smith buzzes at home
Article content A Canadian player setting a new benchmark in the women's soccer transfer market floats a lot of boats, says Northern Super League co-founder and former Canadian international Diana Matheson. Article content The one million pounds (C$1.85 million) Arsenal paid Liverpool for 20-year-old forward Olivia Smith of Whitby, Ont., in the Women's Super League is the biggest price tag in women's soccer history for a transfer. Article content Article content Matheson says an accelerating transfer fee market bodes well for the NSL, which kicked off this year with six teams and a mission to provide the first domestic women's pro league for Canadian and international players. Article content Article content 'The growth of the market really helps us sell to investors in Canada and abroad,' she said. 'The transfer market is obviously a piece of that puzzle. Article content 'This is where the market is at that a Canadian player is going for this and how exciting is it like that we're not far around the corner now that we have a professional league, that if top Canadians choose to leave the Canadian league in the future, clubs could be selling them for a whole lot of money because we create such world-class players.' Article content Smith's transfer to the Gunners announced Thursday surpassed the previous high of 900,000 pounds (C$1.6 million) Chelsea paid the NWSL's San Diego Wave for American centre back Naomi Girma in January. Article content Article content 'To be part of a movement that's changing how the game is valued is an honour,' Smith said in a statement released by her public relations agency. Article content 'This is a huge step forward for women's soccer and for Canadian soccer. I hope this shows young Canadian girls that anything is possible.' Article content Serita Thurton of the NSL's Wild FC said rumours about Smith's transfer to Arsenal before it was announced was a topic of discussion in the Calgary club's dressing room. Article content 'Seeing a Canadian player break a record like this, it kind of just shows that Canada has a lot to offer when it comes to quality in soccer players,' said the forward from Ajax, Ont. Article content 'It definitely makes our league look a lot better. Even though she isn't playing it, just the fact that it is a Canadian league, it does make a statement saying that Canada has quality players and that we're a football country in our own right. So yeah, it definitely has a good look in that sense.'
Edmonton Journal
3 hours ago
- Edmonton Journal
Varcoe: Alberta wants a new oil pipeline — history warns of billion-dollar risk and reward of government financial backing
As Canadians watch a new debate unfold over what it will take to get a new oil pipeline built to the Pacific Coast, former Alberta energy minister Ted Morton has sage advice for provincial or federal politicians. Article content Don't forget about history. Article content Article content Past Alberta governments have a painful record of losing money when they get directly involved in major projects, seeking to de-risk developments and encourage the private sector to build. Article content Article content 'The track record is, I think, pretty one sided . . . not in the favour of governments and taxpayers,' he said this week. Article content 'The bottom line is governments routinely get out-negotiated, and the public, the taxpayer, gets stuck with the bill.' Article content Today, the country is contemplating building new energy infrastructure after the Carney government passed Bill C-5, which will fast-track nation-building projects. The prime minister has also said he wants Canada to become an energy superpower. Article content Article content In Alberta, part of the discussion has focused on how to best attract the private sector to develop a greenfield pipeline project to move more oil to the B.C. coast for export. Article content Will it require direct government involvement to make it happen, given the past failures of Energy East and Northern Gateway to proceed, and the high cost needed to get the Trans Mountain expansion built? Article content Will it be enough if Ottawa scraps legislation such as the tanker ban off the northern B.C. coast, the Impact Assessment Act and the oilpatch emissions cap? Article content 'There are only two ways for governments to de-risk (a pipeline). The easy way — and the wrong way — is to pony up, cover costs or reimbursement. (In) both Keystone and Trans Mountain, that's what happened,' said Morton. Article content That could happen with Bill C-5 being passed, although the concept still needs to be proven.
