Hearing Panel Decisions
Publication and Enforceability
The Hearing Office issues a decision to the parties as soon as it is rendered by a hearing panel. Unless stated otherwise, a hearing panel’s decision is effective on the date it is dated.
All decisions are published on CIRO’s website (except decisions to reject a settlement agreement).
CIRO has the ability to enforce decisions and collect fines through courts in every province and territory of Canada.
Review or Appeal a Decision
CIRO hearing panel decisions can be reviewed by the relevant securities regulatory authorities. Consult the securities legislation in your jurisdiction to determine the proper procedure to launch a review, a.k.a. an appeal and take note of any applicable deadlines:
- Alberta Securities Commission
- British Columbia Securities Commission
- Manitoba Securities Commission
- Financial and Consumer Services Commission in New Brunswick
- Service Newfoundland
- Northwest Territories Superintendent of Securities
- Nova Scotia Securities Commission
- Office of the Superintendent of Securities of Nunavut
- Capital Markets Tribunal, an independent division of the Ontario Securities Commission
- Prince Edward Island Office of the Superintendent of Securities
- Tribunal administratif des marchés financiers in Québec
- Financial and Consumer Affairs Authority in Saskatchewan
- Yukon Superintendent of Securities