Vancouver (British Columbia) – December 7, 2023 – A sanctions hearing has been scheduled before a hearing panel of the Canadian Investment Regulatory Organization (CIRO) under the Mutual Fund Dealer Rules in the matter of Mohammad Movassaghi.
The hearing panel will consider the sanctions to be imposed as a result of its decision dated November 7, 2023 which found that Mohammad Movassaghi acted contrary to Mutual Fund Dealer Rules. The hearing panel’s liability decision is available at:
The sanctions hearing is open to the public, unless the hearing panel orders otherwise. The decision of the hearing panel will be made available at www.mfda.ca.
Hearing Date: December 12, 2023 at 1:00 pm (Pacific Time)
Location: Vancouver, British Columbia (via Videoconference)
Members of the public who would like to obtain further particulars should fill out this questionnaire.
During the period described in the Notice of Hearing, the Respondent conducted business in the Vancouver, British Columbia 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), the Mutual Fund Dealer Rules (for mutual fund dealers) and the Universal Market Integrity Rules (UMIR) is available on CIRO’s website.
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.