Latest news with #CIRO-regulated
Yahoo
27-05-2025
- Business
- Yahoo
Decision Notice - CIRO Sanctions TradeZero Canada Securities ULC
TORONTO, May 27, 2025 /CNW/ - On May 14, 2025, a hearing panel of the Canadian Investment Regulatory Organization (CIRO) held a hearing pursuant to the Investment Dealer and Partially Consolidated Rules and accepted a settlement agreement, with sanctions, between CIRO Enforcement Staff and TradeZero Canada Securities ULC (TradeZero). TradeZero failed to conduct adequate daily and monthly supervision of trading activity and adequate review of client communications to ensure compliance with CIRO requirements. TradeZero also failed to provide relationship disclosure information to clients at the time of account opening. Pursuant to the settlement agreement, TradeZero agreed to pay a fine of $175,000 and costs of $15,000. The Settlement Agreement is available at: TradeZero – Settlement Agreement The hearing panel's decision will be made available at TradeZero is a CIRO-regulated firm, offering Order Execution Only (OEO) trading in US equities and options to retail clients in Canada. 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 Email to info@ Toll-free (Canada/US) 1-877-442-4322 SOURCE Canadian Investment Regulatory Organization (CIRO) View original content to download multimedia: Sign in to access your portfolio
Cision Canada
27-05-2025
- Business
- Cision Canada
Decision Notice - CIRO Sanctions TradeZero Canada Securities ULC Français
TORONTO, May 27, 2025 /CNW/ - On May 14, 2025, a hearing panel of the Canadian Investment Regulatory Organization (CIRO) held a hearing pursuant to the Investment Dealer and Partially Consolidated Rules and accepted a settlement agreement, with sanctions, between CIRO Enforcement Staff and TradeZero Canada Securities ULC (TradeZero). TradeZero failed to conduct adequate daily and monthly supervision of trading activity and adequate review of client communications to ensure compliance with CIRO requirements. TradeZero also failed to provide relationship disclosure information to clients at the time of account opening. Pursuant to the settlement agreement, TradeZero agreed to pay a fine of $175,000 and costs of $15,000. The Settlement Agreement is available at: TradeZero – Settlement Agreement The hearing panel's decision will be made available at TradeZero is a CIRO-regulated firm, offering Order Execution Only (OEO) trading in US equities and options to retail clients in Canada. 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)
Cision Canada
20-05-2025
- Business
- Cision Canada
Decision Notice - CIRO Hearing Panel issues Reasons for Decision in the matter of Kelly June Hetherington Français
TORONTO, May 20, 2025 /CNW/ - Following a settlement hearing held on January 29, 2025, pursuant to the Mutual Fund Dealer Rules, a hearing panel of the Canadian Investment Regulatory Organization (CIRO) issued its reasons for decision on May 8, 2025. The hearing panel's reasons for decision are available at: Re Hetherington 2025 CIRO 26 In their reasons for decision, the hearing panel found that Kelly June Hetherington failed to ensure that a leveraged investment strategy that she implemented in the joint account of two clients (spouses) was suitable for them and signed the signatures of two clients on nine account forms and submitted them to the Dealer Member for processing. The hearing panel also confirmed a fine of $30,000 and costs of $5,000 imposed on Kelly Hetherington and a prohibition from conducting securities related business in any capacity while in the employ of or associated with any Dealer Member of CIRO for a period of 18 months. At the time of the contraventions, Kelly Hetherington was a dealing representative with Royal Mutual Funds Inc. in the Wallaceburg, Ontario area. Kelly Hetherington is no longer a registrant with a CIRO-regulated firm. 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.
Cision Canada
12-05-2025
- Business
- Cision Canada
Hearing Notice - CIRO to Continue Hearing for Matthew Philip Ewing Français
TORONTO, May 12, 2025 /CNW/ - A hearing was held before a hearing panel of the Canadian Investment Regulatory Organization (CIRO) pursuant to the Investment Dealer and Partially Consolidated Rules in a matter between CIRO Enforcement Staff and Matthew Philip Ewing on April 24, 25, 28, 29, 30 and May 1-2, 2025. The hearing will continue on June 4, 2025. The hearing is open to the public, unless the panel orders otherwise. The decision of the hearing panel will be made available at Hearing Date: June 4, 2025 at 2:00 PM (Eastern Time) Location: 40 Temperance Street, Suite 2600. Toronto, Ontario M5H 0B4 Members of the public who would like to obtain further particulars should fill out this form. The Notice of Hearing and Statement of Allegations, which set out the allegations, are available at: At the time of the alleged contraventions, Matthew Ewing was a Registered Representative with RBC Dominion Securities Inc. and National Bank Financial in Ontario. Matthew Ewing has not been employed by a CIRO-regulated firm since November 2022 and is not currently registered 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. All other Inquiries: Complaints & Inquiries Secure form Email to [email protected] Toll-free (Canada/US) 1-877-442-4322 SOURCE Canadian Investment Regulatory Organization (CIRO)
Yahoo
12-05-2025
- Business
- Yahoo
Hearing Notice - CIRO to Continue Hearing for Matthew Philip Ewing
TORONTO, May 12, 2025 /CNW/ - A hearing was held before a hearing panel of the Canadian Investment Regulatory Organization (CIRO) pursuant to the Investment Dealer and Partially Consolidated Rules in a matter between CIRO Enforcement Staff and Matthew Philip Ewing on April 24, 25, 28, 29, 30 and May 1-2, 2025. The hearing will continue on June 4, 2025. The hearing is open to the public, unless the panel orders otherwise. The decision of the hearing panel will be made available at Hearing Date: June 4, 2025 at 2:00 PM (Eastern Time) Location: 40 Temperance Street, Suite 2600. Toronto, Ontario M5H 0B4 Members of the public who would like to obtain further particulars should fill out this form. The Notice of Hearing and Statement of Allegations, which set out the allegations, are available at: Ewing, Matthew – Notice of Hearing and Statement of Allegations At the time of the alleged contraventions, Matthew Ewing was a Registered Representative with RBC Dominion Securities Inc. and National Bank Financial in Ontario. Matthew Ewing has not been employed by a CIRO-regulated firm since November 2022 and is not currently registered 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. All other Inquiries: Complaints & InquiriesSecure form Email to info@ Toll-free (Canada/US) 1-877-442-4322 SOURCE Canadian Investment Regulatory Organization (CIRO) View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
