(Montréal, Québec) - April 11, 2023 – On August 26, 2022, Paul Maurice filed an application with the Financial and Consumer Service Tribunal (FCST) seeking a review of an IIROC Hearing Panel decision on liability dated July 29, 2022. On March 23, 2023, Mr. Maurice filed a Notice of Withdrawal to withdraw his Application for a review.

The IIROC Hearing Panel decision on liability is available at:

Re Maurice, 2022 IIROC 18

The IIROC Hearing Panel decision on penalty is available at:

Re Maurice, 2022 IIROC 35

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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 New SRO-regulated firms (Investment Dealer Division) is available free of charge through the AdvisorReport service. Information on how to make investment dealer, advisor or marketplace-related complaints is available by calling 1 877 442-4322.

New SRO 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.

New Self-Regulatory Organization of Canada (New SRO) is the national self-regulatory organization that oversees all investment dealers, mutual fund dealers and trading activity on Canada’s debt and equity marketplaces. New SRO is carrying on the regulatory functions of the Investment Industry Regulatory Organization of Canada (IIROC) and the Mutual Fund Dealers Association of Canada (MFDA), and 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.newselfregulatoryorganizationofcanada.ca.

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