Enforcement Notice - Hearing - IN THE MATTER OF Cynthia Nelson - Initial appearance

MONTRÉAL, April 18, 2019 /CNW/ - An initial appearance has been scheduled before a Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) in the matter of Cynthia Nelson.

Specifically, the allegation is that:

In May and June 2018, Mrs. Nelson failed to cooperate in an investigation conducted by IIROC Staff by failing, on two occasions, to attend the interview to which she had been duly convened, contrary to Section 8104 of IIROC Consolidated Enforcement, Examination and Approval Rules (the Consolidated Rules).

IIROC formally initiated the investigation into Mrs. Nelson's conduct in July 2017. The alleged violation occurred while she was no longer a Registered Representative with an IIROC Dealer Member Firm, and she is currently no a registrant with an IIROC-regulated firm. 

The initial appearance is open to the public, unless the Hearing Panel orders otherwise. The date for the discipline hearing will be made available at www.iiroc.ca.

The Notice of Hearing and Statement of Allegations which sets out the allegation is available at: http://www.iiroc.ca/documents/2019/fb13ff65-5db8-4328-aaf8-b279b9f640da_en.pdf

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.

IIROC is the national self-regulatory organization that 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 more than 170 Canadian investment dealer firms and their more than 29,000 registered employees, the majority of whom are commonly referred to as investment advisors. IIROC also sets and enforces market integrity rules regarding trading activity on Canadian debt and 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