CALGARY,
AB, June 18, 2024 /CNW/ - The hearing
scheduled for June 19 and 20, 2024,
has been converted to an appearance before a hearing panel of the
Canadian Investment Regulatory Organization (CIRO) under the Mutual
Fund Dealer Rules in the case of Juan
Carlos Saavedra.
The appearance is open to the public unless the hearing panel
orders otherwise. The date for the disciplinary hearing will be
made available at www.ciro.ca.
Appearance Date: June 19, 2024 at 10:00 am (Moutain Time)
Location: Calgary, Alberta by videoconference
Members of the public who would like to obtain further
particulars should fill out this questionnaire.
The hearing concerns allegations that Juan Carlos Saavedra misappropriated or
otherwise failed to account for monies that he obtained from a
client and failed to cooperate with an investigation by the MFDA
into his conduct.
The Notice of Hearing and Statement of Allegations which set out
the allegations are available at:
Saavedra, Juan Carlos – Notice of Hearing and Statement of
Allegations
At all material times, Juan Carlos
Saavedra conducted business in the Calgary, Alberta area. He is not currently
registered in the securities industry in any capacity.
* * *
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.
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.
Background information regarding the qualifications and
disciplinary history, if any, of advisors currently employed by
CIRO-regulated investment firms is available free of charge through
the AdvisorReport service. Information on how to make
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.
SOURCE Canadian Investment Regulatory Organization (CIRO)