VANCOUVER, BC, July 30,
2024 /CNW/ - An initial appearance has been scheduled
before a hearing panel of the Canadian Investment Regulatory
Organization (CIRO) pursuant to the Mutual Fund Dealer Rules
to set a date for a disciplinary hearing in the matter of
Sukhjinder Minhas.
The initial appearance is open to the public unless the hearing
panel orders otherwise. The date for the disciplinary hearing will
be made available at www.ciro.ca.
Initial Appearance Date: September
16, 2024, at 10:00 a.m. (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 Sukhjinder Minhas failed to identify, report to
the Dealer Member, or address material conflicts of interest when
he borrowed monies from clients and failed to cooperate with an
investigation into his conduct by Staff of CIRO.
The Notice of Hearing and Statement of Allegations which set out
the allegations are available at:
Minhas, Sukhjinder – Notice of Hearing and Statement of
Allegations
At all material times, Sukhjinder
Minhas carried on business at the Royal Mutual Funds Inc., a
CIRO Dealer Member, in Surrey, British
Columbia. Sukhjinder Minhas
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)