VANCOUVER, BC, April 19,
2024 /CNW/ - A hearing has been scheduled before a
hearing panel of the Canadian Investment Regulatory Organization
(CIRO) under the Mutual Fund Dealer Rules in the matter
of Lorne Stuart Allison.
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:
October 17, 2024, at 10:00 am (Pacific Time)
Location:
Vancouver, British
Columbia by videoconference
Members of the public who would like to obtain further
particulars should fill out this questionnaire.
The hearing concerns allegations that between September 2020 and February 2021, Lorne
Allison engaged in securities related business that was not
carried on for the account or through the facilities of the Dealer
Member.
The Notice of Hearing and Statement of Allegations, which set
out the allegations, are available at:
Allison, Lorne – Notice of Hearing and Statement of
Allegations
At all material times, Lorne
Allison carried on business in the Vancouver Island,
British Columbia area.
Lorne Allison is not currently
registered in the securities industry in any capacity.
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.
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.
SOURCE Canadian Investment Regulatory Organization (CIRO)