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Fredericton (New Brunswick), April 10, 2024 – On March 6, 2024, a hearing panel of the Canadian Investment Regulatory Organization (CIRO) under the Mutual Fund Dealer Rules accepted a settlement agreement, with sanctions, between Enforcement Staff and Martin David Hall.
Martin Hall admitted that he altered and used to process transactions 10 account forms in respect of 11 clients, by altering information on the account forms without having the client initial the alterations and, obtained, possessed and used to process transactions, 15 pre-signed account forms in respect of 15 clients.
Pursuant to the settlement agreement, Martin Hall agreed to a fine of $17,500 and costs of $2,500.
The Settlement Agreement is available at:
Hall, Martin – Settlement Agreement
The hearing panel’s reasons for decision will be made available at www.ciro.ca.
The alleged violations occurred while the respondent was a Registered Representative with the Fredericton branch of Investia Financial Services Inc., at the time an MFDA-regulated firm. Martin David Hall is not currently a registrant with a CIRO regulated firm.
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.
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.
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Other Notices associated with this Enforcement Proceeding:
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CIRO schedules date for Hearing on the Merits in the matter of Martin David Hall
Type:Hearing Notice -
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