TORONTO, March 28,
2024 /CNW/ - A hearing has been scheduled before a
hearing panel of the Canadian Investment Regulatory Organization
(CIRO) pursuant to the Investment Dealer and Partially
Consolidated Rules to consider whether a hearing panel should
accept a settlement agreement entered into between Enforcement
Staff and Allen Murphy.
The hearing is not open to the public but will become open if
the panel accepts the settlement agreement. If the agreement is
accepted, the panel's decision and the settlement agreement will be
made available at www.ciro.ca.
Hearing
Date:
May 1, 2024, at 10:00 am (Eastern Time)
Location:
Toronto, Ontario by
videoconference
Members of the public who would like to obtain further
particulars should fill out this questionnaire.
The Notice of Application announcing the settlement hearing is
available at:
Murphy, Allen - Notice of Application
The alleged violations occurred while Allen Murphy was a Registered Representative
with the Thornhill branch of CIBC
World Markets Inc. Allen Murphy
continues to be employed in the industry in a registered
capacity.
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)