HALIFAX, NS, Jan. 26, 2024 /CNW/ - Following a disciplinary hearing held on September 26-27 and December 8, 2023, in Halifax, Nova Scotia, a hearing panel of the Nova Scotia District Hearing Committee of the Canadian Investment Regulatory Organization (CIRO) has issued its Reasons for Decision on misconduct.
The hearing panel's reasons for the decision (misconduct), dated January 15, 2024, are available at:
Specifically, the hearing panel found that Adib Khaldi committed the following violations:
A hearing will be held on February 15, 2024 at 11:00 a.m. (Atlantic Time) to determine the penalty to be imposed on the respondent.
During the period described in the Notice of Hearing, Adib Khaldi conducted business in the Dartmouth, Nova Scotia area.
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.
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 www.ciro.ca.
SOURCE Canadian Investment Regulatory Organization (CIRO)
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