Toronto, (Ontario) December 1, 2022 – The Mutual Fund Dealers Association of Canada (“MFDA”), now the Canadian Investment Regulatory Organization (“CIRO”) commenced a disciplinary proceeding in respect of Paul O’Brian Walker (the “Respondent”) by Notice of Hearing dated November 23, 2022 (“Notice of Hearing”).
The hearing of this matter on its merits, originally set for December 4-6 and 11, 2023, will now proceed before a Hearing Panel of CIRO’s Ontario District Hearing Committee on December 11, 2023, commencing at 9:00 a.m. (Eastern), or as soon thereafter as the matter can be held. The proceeding will take place electronically by videoconference, and 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 carried on business in the Mississauga, Ontario area.
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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) and the Mutual Fund Dealer Rules (for mutual fund dealers) is available in the Enforcement section of the CIRO website.
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.
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 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.