Canada’s industry-led regulator of stockbrokers is scheduled, once again, to face a B.C. Securities Commission hearing panel to argue—in precedent-setting fashion—its own tribunal failed to adequately assess so-called “gatekeeper” roles in the public interest.
On June 1, the Canadian Investment Regulatory Organization (CIRO) is set to present to adjudicators, for a third time, its allegations that two Vancouver stockbrokers for Ventum Financial Corp. (formerly known as PI Financial Corp.) committed administrative misconduct, in a case that tests the scope of regulatory guardrails put in place against fraud and stock market abuse.
The regulator’s enforcement division initially alleged, in a Sept. 27, 2023, hearing notice that registered representatives Teymur Englesby
→ Continue reading at BIV
