July 24, 2023 (Toronto, Ontario) – The Mutual Fund Dealers Association of Canada (“MFDA”), now Canadian Investment Regulatory Organization (“CIRO”) commenced a disciplinary proceeding in respect of Alvinder Singh Gill (“Respondent”) by Notice of Hearing dated November 11, 2022.
The hearing of this matter on its merits commenced on July 11, 2023 in Vancouver, British Columbia before a three-member Hearing Panel of CIRO’s Pacific District Hearing Committee, and continued to July 13, 2023, and thereafter was adjourned. An interim appearance in this proceeding will be held by teleconference on July 26, 2023 at 10:00 a.m. (Pacific), the proceeding will continue to be open to the public, except as may be required for the protection of confidential matters. Members of the public who would like to observe the electronic hearing should contact [email protected] to obtain particulars.
Pursuant to sections 24.3.1(a)(vii) and 24.3.3(a) of MFDA By-law No. 1, as a result of the current medical condition of the Respondent, subject to any further order of a Hearing Panel, the Respondent’s authority to conduct securities related business while in the employ of or in association with a Dealer Member of CIRO registered as a mutual fund dealer is suspended.
A copy of the Notice of Hearing is available on the MFDA website at www.mfda.ca. During the period described in the Notice of Hearing, the Respondent conducted business in Abbotsford, British Columbia.
Canadian Investment Regulatory Organization 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 carrying on the regulatory functions of the Investment Industry Regulatory Organization of Canada and the Mutual Fund Dealers Association of Canada, and 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.
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