Enforcement Notice - Hearing - IN THE MATTER OF Steeve Buisson - Settlement Hearing

MONTREAL, March 17, 2017 /CNW/ - A hearing has been scheduled before a Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC), to consider whether the Hearing Panel should accept a Settlement Agreement entered into between IIROC Staff and Steeve Buisson.

The Settlement Agreement concerns allegations that Mr. Buisson failed to adequately supervise a registered representative under his responsibility, in accordance with supervision conditions imposed by the Québec District Council Approval Committee. Furthermore, Mr. Buisson allegedly failed to ensure that a registered representative under his supervision met the training requirements in connection with the 90-day Training Program.

The hearing is not open to the public, unless and until the Settlement Agreement has been accepted by the Hearing Panel. If the agreement is accepted, the Panel's decision and the Settlement Agreement will be made available at www.iiroc.ca.

Documents related to ongoing IIROC enforcement proceedings – including Reasons and Decisions of Hearing Panels – are posted on the IIROC website as they become available. Click here to search and access all IIROC enforcement documents.

Hearing Date:	May 9, 2017, at 9:30 a.m.
Location:	IIROC – Salle Carmen Crépin
	5 Place Ville-Marie, Suite 1550
	Montréal (Québec)

IIROC formally initiated the investigation into Mr. Buisson's conduct in April 2014. The misconduct occurred when Mr. Buisson was the branch manager at the Quebec City branch of Laurentian Bank Securities Inc., an IIROC-regulated firm. Mr. Buisson is now registered as a supervisor and registered representative at the Quebec City branch of Industrial Alliance Securities Inc.

The Notice of Application announcing the settlement hearing is available at: http://docs.iiroc.ca/DisplayDocument.aspx?DocumentID=F5713170AB51418A958BD88F3A212BB6&Language=en

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IIROC is the national self-regulatory organization which oversees all investment dealers and their trading activity in Canada's debt and equity markets. IIROC sets high quality regulatory and investment industry standards, protects investors and strengthens market integrity while supporting healthy Canadian capital markets. IIROC carries out its regulatory responsibilities through setting and enforcing rules regarding the proficiency, business and financial conduct of dealer firms and their registered employees and through setting and enforcing market integrity rules regarding trading activity on Canadian equity marketplaces.

IIROC investigates possible misconduct by its member firms and/or individual registrants. It can bring disciplinary proceedings which may result in penalties including fines, suspensions, permanent bars, expulsion from membership, or termination of rights and privileges for individuals and firms.

All information about disciplinary proceedings relating to current and former member firms is available in the Enforcement section of the IIROC website. Background information regarding the qualifications and disciplinary history, if any, of advisors currently employed by IIROC‑regulated firms is available free of charge through the IIROC AdvisorReport service. Information on how to make investment dealer, advisor or marketplace-related complaints is available by calling 1 877 442-4322.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) - General News

Enforcement Contact: Claudyne Bienvenu, Vice-President, Québec, 514 878-2854, [email protected]; Media Contact: Karen Archer, Manager, Media Relations, 416 865-3046, [email protected]

Related Links

http://www.iiroc.ca