Latest news with #CIRO-regulated
Cision Canada
06-08-2025
- Business
- Cision Canada
Decision Notice - CIRO Hearing Panel Finds Matthew Philip Ewing Liable Français
TORONTO, Aug. 6, 2025 /CNW/ - Following a disciplinary hearing held under the Dealer Member Rules and Investment Dealer and Partially Consolidated (IDPC) Rules on April 24-25, April 28-May 2 and June 4, 2025, a hearing panel of the Canadian Investment Regulatory Organization (CIRO) found that Matthew Philip Ewing: a) engaged in conduct which fell below professional standards under IDPC Rule 1400 in relation to two related clients, and b) engaged in personal financial dealings with several clients. The hearing panel dismissed the allegations that Matthew Ewing falsified portfolio overview documents and that he engaged in unauthorized discretionary trading. The hearing panel's reasons for the decision on liability, dated July 31, 2025 are available at: Re Ewing 2025 CIRO 39 At the time of the contraventions, Matthew Ewing was a Registered Representative with RBC Dominion Securities Inc. and National Bank Financial in Ontario. Matthew Ewing is not currently registered with CIRO-regulated firms in any capacity. 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. SOURCE Canadian Investment Regulatory Organization (CIRO)
Hamilton Spectator
31-07-2025
- Business
- Hamilton Spectator
Virtus Announces Appointment of Alexander Steele
TORONTO, July 31, 2025 (GLOBE NEWSWIRE) — Virtus Capital Corporation, the asset manager of Virtus Diversified REIT (VREIT), is proud to announce the addition of Alexander Steele to the executive team, effective July 1, 2025. As the Head of National Sales, Mr. Steele will be responsible for driving the growth of Virtus Diversified REIT. He leads distribution through the national network of CIRO-regulated investment dealers, further strengthening the REIT's commitment to expanding its investor base and enhancing its market presence. 'Bringing Alex Steele on board is a big win for Virtus,' said Josh Will, President of Virtus. 'He has a proven track record of building relationships and with over 20 years in the industry, he has created a personal brand of trust amongst financial professionals. I've known Alex for a few years and have always admired his work ethic and commitment to advisors. I am honored to add him to our Executive Team.' Mr. Steele joins Virtus with a distinguished background in real estate investment and capital raising. Most recently, he served as Senior Managing Director of Canadian Wholesale at Dalfen Industrial, where he played a key role in designing and managing the Dalfen Industrial Real Estate Income Fund. Prior to Dalfen Industrial, Alex was Head of Sales at Avenue Living Asset Management. Alex holds an Executive Masters in Financial Services from the Luxembourg School of Business, where he graduated at the top of his class and was awarded the school's first Fellowship. 'I am excited to join Virtus at such a pivotal time in Virtus Diversified REIT's growth,' said Alex. 'I look forward to working with the talented team at Virtus and leveraging my vast national network of CIRO-regulated investment dealers to broaden our reach and deliver compelling investment opportunities to our partners and investors.' Virtus Diversified REIT remains committed to building a resilient and diversified portfolio of quality real estate assets across Canada and the United States. The addition of Mr. Steele to the Virtus leadership team underscores the REIT's focus on strategic growth, investor engagement, and operational excellence. For more information about Virtus Diversified REIT and its investment opportunities, please visit . About Virtus Diversified REIT Virtus Diversified REIT is focused on acquiring quality properties in strong secondary and tertiary markets across Canada and the United States. The company's goal is to build a strong and stable commercial, industrial, retail, and multi-unit residential portfolio, enhancing overall portfolio incomes by diversifying the tenant base and geographic diversity. The long-term goal is to maximize the unit value with ongoing management through future acquisitions, repositioning, and competitive financing. Some of Virtus Diversified REIT's anchor tenants include companies such as Crown Corporation, BJ's Wholesale Club, Canadian Tire, Shoppers Drug Mart, No Frills, Walmart, and Dollarama. Contact Information Josh Will info@ A photo accompanying this announcement is available at
Toronto Star
31-07-2025
- Business
- Toronto Star
Virtus Announces Appointment of Alexander Steele
TORONTO, July 31, 2025 (GLOBE NEWSWIRE) — Virtus Capital Corporation, the asset manager of Virtus Diversified REIT (VREIT), is proud to announce the addition of Alexander Steele to the executive team, effective July 1, 2025. As the Head of National Sales, Mr. Steele will be responsible for driving the growth of Virtus Diversified REIT. He leads distribution through the national network of CIRO-regulated investment dealers, further strengthening the REIT's commitment to expanding its investor base and enhancing its market presence. 'Bringing Alex Steele on board is a big win for Virtus,' said Josh Will, President of Virtus. 'He has a proven track record of building relationships and with over 20 years in the industry, he has created a personal brand of trust amongst financial professionals. I've known Alex for a few years and have always admired his work ethic and commitment to advisors. I am honored to add him to our Executive Team.'
Malaysian Reserve
15-07-2025
- Business
- Malaysian Reserve
Investor Alert: Fraudulent Group Impersonating IG Wealth Management
Be an informed investor – Protect yourself against fraudulent schemes TORONTO, July 15, 2025 /CNW/ – The Canadian Investment Regulatory Organization (CIRO) is warning investors about a scam trading group that is impersonating CIRO-regulated firm IG Wealth Management and its employees and promoting fraudulent digital trading services through social media apps such as WhatsApp, Telegram, Facebook and LinkedIn. Scammers have been operating several fake Facebook pages under various names including 'IG Management: Path to FIRE' and 'Achieve FIRE with Larren Lawson,' that impersonate brand pages of IG Wealth Management and misuse the company's logo, name, marketing materials and employee identities. They are also running fake Facebook profiles under the names 'Phillip Ray Petursson' and 'Keric Nadia Kathleen' that impersonate IG Wealth Management's Chief Investment Strategist, Philip Petursson, and Nadia Keric, a real financial planner who does not work for IG Wealth Management. Other fake Facebook and LinkedIn accounts associated with this scam use the names Kent Ver (Markus), Victoria Arber and Sean Larren, and fraudulently list IG Wealth Management as their employer. Investors should beware of any communications from the fake accounts listed above on social media or messaging apps. The only authorized social media accounts for IG Wealth Management are linked on the company's website. To Protect Yourself Against Fraud: Verify the authenticity of any communication by contacting firms directly using their official website and contact details. Report suspicious activities where entities either claim to be regulated by CIRO or work for CIRO to CIRO immediately. Avoid sharing personal or financial information without confirming the legitimacy of the request. CIRO is committed to protecting investors and providing resources to address fraudulent activities. For more information on identifying and reporting scams, visit the CIRO website. Please note that investors can confirm with CIRO's Complaints & Inquiries team to verify the legitimacy of anyone claiming to represent CIRO. All individuals registered to offer financial advice in Canada are listed on the National Registration Search of the Canadian Securities Administrators (CSA). CIRO's Office of the Investor provides resources to help Canadians avoid investment fraud and protect their financial well-being. See Avoiding Fraud and Protecting Your Investments on CIRO's website for additional information. If you believe you have been a victim of this or a similar scam, immediately contact your bank, local police, your provincial securities commission, and the Canadian Anti-Fraud Centre. If there are claims of CIRO regulation or the fraudster claims to work for CIRO, please also report it to CIRO. About CIRO 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
Cision Canada
15-07-2025
- Business
- Cision Canada
Investor Alert: Fraudulent Group Impersonating IG Wealth Management Français
Be an informed investor - Protect yourself against fraudulent schemes TORONTO, July 15, 2025 /CNW/ - The Canadian Investment Regulatory Organization (CIRO) is warning investors about a scam trading group that is impersonating CIRO-regulated firm IG Wealth Management and its employees and promoting fraudulent digital trading services through social media apps such as WhatsApp, Telegram, Facebook and LinkedIn. Scammers have been operating several fake Facebook pages under various names including "IG Management: Path to FIRE" and "Achieve FIRE with Larren Lawson," that impersonate brand pages of IG Wealth Management and misuse the company's logo, name, marketing materials and employee identities. They are also running fake Facebook profiles under the names "Phillip Ray Petursson" and "Keric Nadia Kathleen" that impersonate IG Wealth Management's Chief Investment Strategist, Philip Petursson, and Nadia Keric, a real financial planner who does not work for IG Wealth Management. Other fake Facebook and LinkedIn accounts associated with this scam use the names Kent Ver (Markus), Victoria Arber and Sean Larren, and fraudulently list IG Wealth Management as their employer. Investors should beware of any communications from the fake accounts listed above on social media or messaging apps. The only authorized social media accounts for IG Wealth Management are linked on the company's website. To Protect Yourself Against Fraud: Verify the authenticity of any communication by contacting firms directly using their official website and contact details. Report suspicious activities where entities either claim to be regulated by CIRO or work for CIRO to CIRO immediately. Avoid sharing personal or financial information without confirming the legitimacy of the request. CIRO is committed to protecting investors and providing resources to address fraudulent activities. For more information on identifying and reporting scams, visit the CIRO website. Please note that investors can confirm with CIRO's Complaints & Inquiries team to verify the legitimacy of anyone claiming to represent CIRO. All individuals registered to offer financial advice in Canada are listed on the National Registration Search of the Canadian Securities Administrators (CSA). CIRO's Office of the Investor provides resources to help Canadians avoid investment fraud and protect their financial well-being. See Avoiding Fraud and Protecting Your Investments on CIRO's website for additional information. If you believe you have been a victim of this or a similar scam, immediately contact your bank, local police, your provincial securities commission, and the Canadian Anti-Fraud Centre. If there are claims of CIRO regulation or the fraudster claims to work for CIRO, please also report it to CIRO. About CIRO 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 SOURCE Canadian Investment Regulatory Organization (CIRO) For media inquiries only: Ariel Visconti, Corporate Communications and Public Affairs, Canadian Investment Regulatory Organization, Telephone: 416-526-8240, Email: [email protected]; Please direct all other inquiries to our Complaints & Inquiries team: 1-877-442-4322 (Canada/US), 800-555-2323 (Outside Canada/US), or by completing our Secure Contact Form (
