TORONTO, May 7, 2024
/CNW/ - A hearing has been scheduled before a hearing panel of
the Canadian Investment Regulatory Organization (CIRO)
pursuant to the Investment Dealer and Partially Consolidated
Rules to set a date for a disciplinary hearing in the matter
of James O'Reilly.
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 21-25, 2024
at 10:00 am (Eastern Time)
Location: Canadian Investment Regulatory Organization
40
Temperance Street, Suite 2600
Toronto, Ontario
Members of the public, who would like to obtain further
particulars, should fill out this questionnaire.
The hearing concerns allegations that James O'Reilly, directly or indirectly through
corporate entities, used clients' funds in three real estate
development projects, without his Dealer Member's knowledge.
The Notice of Hearing and Statement of Allegations, which set
out the allegations, are available at:
O'Reilly, James – Notice of Hearing and Statement of
Allegations
The alleged violations occurred while James O'Reilly was a Registered Representative
with Assante Capital Management Inc. James
O'Reilly is no longer a registrant with a CIRO-regulated
firm.
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)