CALGARY,
AB, Sept. 13, 2024 /CNW/ - The
disciplinary hearing in the matter of Juan
Carlos Saavedra scheduled to be held before a hearing panel
of the Canadian Investment Regulatory Organization (CIRO) on
September 25-27, 2024, has been
converted to a penalty hearing.
The hearing is open to the public unless the panel orders
otherwise. The decision of the hearing panel will be made available
at www.ciro.ca.
Hearing Date: September 25, 2024, at 10:00 a.m. (Mountain Time)
Location: Calgary, Alberta by videoconference
Members of the public who would like to obtain further
particulars should fill out this questionnaire.
The Notice of Hearing and Statement of Allegations, which set
out the allegations, are available at:
Saavedra, Juan – 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)
