MONTRÉAL, July 4, 2024
/CNW/ - A sanctions hearing has been scheduled before a hearing
panel of the Canadian Investment Regulatory Organization (CIRO)
pursuant to the Investment Dealer and Partially Consolidated Rules
in the matter of Lucie Roland.
The hearing panel will consider sanctions to be imposed on the
respondent following its decision on liability issued on
June 11, 2024, which found that
Lucie Roland engaged in conduct
unbecoming when she facilitated unauthorized transfers of funds to
third parties from the accounts of three clients.
The hearing panel's liability decision is available at:
Re Roland 2024 CIRO 56
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.ciro.ca.
Sanctions Hearing Date: August 16, 2024 at
9:30 am (Eastern Time)
Location: Montréal, Québec (by videoconference)
Members of the public who would like to obtain further
particulars should fill out this questionnaire.
The violations occurred while Lucie
Roland was an assistant at a Joliette branch of National Bank Financial
Inc., a CIRO-regulated firm. Lucie
Roland is no longer a registrant with CIRO.
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)