Notice of Hearing – CIRO to Hold Sanctions Hearing Against Lucie Roland

MONTREAL, July 4, 2024 /CNW/ – A sanctions hearing has been scheduled before the Canadian Investment Regulatory Organization (CIRO) Hearings Committee under the Investment Intermediary and Partially Consolidated Rules in the Case Lucy Roland.

The adjudicating panel will consider imposing sanctions on the respondent after the decision on liability is issued on June 11, 2024who stated that Lucy Roland engaged in improper conduct by facilitating unauthorized transfers of funds to third parties from the accounts of three clients.

The decision of the hearing committee on liability is available at:

Regarding Roland 2024 CIRO 56

The sanctions hearing is open to the public unless the hearing panel orders otherwise. The hearing panel’s decision will be made available at www.ciro.ca.

Sanctions Hearing Date: August 16, 2024 at 9:30 (Eastern Time)

Location: Montreal, Quebec (video conference)

Those interested in obtaining further information are asked to complete the survey below.

The violations occurred when Lucy Roland He was an assistant in Joliette a division of National Bank Financial Inc., a CIRO regulated company. Lucy Roland is no longer a registered entity with CIRO.

The Canadian Investment Regulatory Organization (CIRO) is a national self-regulatory organization that oversees all investment dealers, mutual fund dealers and trading activities in the Canada debt and equity markets. CIRO is committed to protecting investors, ensuring effective and consistent regulation, and building Canadians’ confidence in financial regulation and those managing their investments. For more information, visit www.ciro.ca.

Full details of disciplinary proceedings relating to current and former member firms and individual entities registered under the Investment Dealer and Partially Consolidated Rules (for investment dealers), the Mutual Fund Dealer Rules (for investment fund dealers) and the Universal Market Integrity Rules (UMIR) are available on the CIRO website.

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General information regarding the qualifications and disciplinary history, if any, of advisers currently employed by investment firms regulated by CIRO is available free of charge at Advisor’s Report service. Information about filing a complaint about a dealer, advisor or the market is available by calling 1-877-442-4322.

CIRO investigates possible misconduct by its member companies and individual registered users. It may initiate disciplinary proceedings, which may result in sanctions including fines, suspensions, permanent bans, expulsion from membership or termination of rights and privileges for individuals and companies.

SOURCE Canadian Investment Regulatory Organization (CIRO)

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