CIRO schedules next appearance in the matter of Lifan Song
September 19, 2023 (Toronto, Ontario) – The Mutual Fund Dealers Association of Canada, now the Canadian Investment Regulatory Organization (CIRO), commenced a disciplinary proceeding in respect of Lifan Song (the “Respondent”) by Notice of Hearing dated December 28, 2022 (the “Notice of Hearing”).
An appearance in this proceeding is set to proceed electronically by videoconference before a Hearing Panel of CIRO’s Manitoba District Hearing Committee on September 20, 2023, commencing at 10:00 a.m. (Central), or as soon thereafter as the matter can be held.
The proceeding will be open to the public, except as may be required for the protection of confidential matters. Members of the public who would like to participate should contact [email protected] to obtain particulars.
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 the Winnipeg, Manitoba area.
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All information about disciplinary proceedings relating to current and former member firms and individual registrants is available in the Enforcement section of the IIROC website for investment dealer disciplinary proceedings and the MFDA website for mutual fund dealer disciplinary proceedings.
Background information regarding the qualifications and disciplinary history, if any, of advisors currently employed by CIRO-regulated firms (Investment Dealer Division) is available free of charge through the AdvisorReport service. Information on how to make investment 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.
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