Enforcement Notice - Hearing - IN THE MATTER OF Douglas John Eley - Appeal Requested

TORONTO, Sept. 15, 2021 /CNW/ - On August 24, 2011, Douglas John Eley filed a Supplementary Notice of Appeal to the Divisional Court, Superior Court of Justice seeking an appeal from the Order of the Ontario Securities Commission ("OSC") and the Reasons for Decision. The Order of the OSC dismissed Mr. Eley's application for a hearing and review of the decisions of the Investment Industry Regulatory Organization of Canada (IIROC) issued on January 28, 2020 (Liability) and October 6, 2020 (Penalty).

The OSC Order dated March 5, 2021, and the OSC Reasons dated August 20, 2021, are available at:

Ontario Securities Commission - Eley, Douglas John

The Liability and Penalty decisions of the IIROC Hearing Panel are available at:

Re Eley, 2019 IIROC 35 and Re Eley, 2020 IIROC 35

The Appeal will take place on June 13, 2022, at 10:00 a.m. 

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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.

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.

IIROC is the pan-Canadian self-regulatory organization that 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 174 Canadian investment dealer firms of varying sizes and business models, and their more than 31,000 registered employees. IIROC also sets and enforces market integrity rules regarding trading activity on Canadian debt and equity marketplaces. For more information, visit www.iiroc.ca.

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

Enforcement Contact: Charles Corlett, Vice President, Enforcement, 416-646-7253, [email protected]; Media Contact: Evelyn Tchakarov, Public Affairs Specialist, [email protected]

Related Links

www.iiroc.ca