Skip to Main Content

For further information, please contact:

Julia K. Mackenzie
Manager, Public Affairs – Acting

CIRO Hearing Panel reserves judgment in the matter of Ann Reid

August 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 Ann Marie Reid (the “Respondent”) by Notice of Hearing dated August 22, 2022 (“Notice of Hearing”).

The continuation of a disciplinary hearing in this proceeding was held electronically by videoconference on August 10, 2023 before a three-member Hearing Panel of the CIRO’s Ontario District Hearing Committee. After receiving the evidence and hearing submissions by the parties with respect to misconduct, the Hearing Panel reserved its judgment and advised it will issue its decision and written reasons in due course.

A copy of the Notice of Hearing is available on the MFDA website at During the period described in the Notice of Hearing, the Respondent conducted business in the Mississauga and Toronto, Ontario area.

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


DM 906342