CALGARY, AB, April 25, 2025 /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 Ronald Aleri Scott.
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: June 16, 2025 at 10:00 am (Mountain Time)
Location: Calgary, Alberta (via videoconference)
Members of the public who would like to obtain further particulars should fill out this form.
The hearing concerns allegations that Ronald Scott:
a) borrowed monies from clients giving rise to material conflicts of interest, which he failed to identify, report to the Dealer Member, or address in the best interest of the clients; and
b) engaged in an unapproved outside activity.
The Notice of Hearing and Statement of Allegations, which set out the allegations are available at:
Scott, Ronald – Notice of Hearing and Statement of Allegations
The alleged violations occurred while Ronald Scott was a Registered Representative with Hub Capital Inc. in Calgary, Alberta. Ronald Scott is not currently registered with a CIRO-regulated firm.
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.
All other Inquiries:
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Toll-free (Canada/US) 1-877-442-4322
SOURCE Canadian Investment Regulatory Organization (CIRO)
Media Inquiries: Kate Morris, Senior Corporate Communications and Public Affairs Specialist, [email protected] / 416-779-8301
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