VANCOUVER, BC, May 2, 2024
/CNW/ - An interim appearance and a hearing date have been
scheduled before a hearing panel of the Canadian Investment
Regulatory Organization (CIRO) under the Mutual Fund Dealer
Rules in the matter of Franco
Caligiuri.
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.
Interim Appearance: October 16,
2024 at 10:00 am (Pacific
Time)
Hearing Date: December 9-11, 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 Franco Caligiuri referred clients to an
individual or company that offered for sale exempt securities, and
received referral fees for doing so, thereby participating in a
referral arrangement to which the Dealer Member was not a party;
and made a false or misleading statement to the Dealer Member
during the course of a sub-branch review.
The Notice of Hearing and Statement of Allegations, which set
out the allegations, are available at:
Caligiuri, Franco – Notice of Hearing and Statement of
Allegations
At all material times, Franco
Caligiuri conducted business in the Burnaby, British Columbia area.
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)