Enforcement

Decision Notice - CIRO Sanctions Yujie (Jared) Liu and BMO Nesbitt Burns Inc.

Retrieved on: 
Friday, April 5, 2024
BMO, Conduct, Settlement, Enforcement, Investment, The central science, CIRO, Registered representative (securities), Financial adviser

Yujie (Jared) Liu admitted that he failed to use due diligence to determine the suitability of an investment strategy used in certain client accounts.

Key Points: 
  • Yujie (Jared) Liu admitted that he failed to use due diligence to determine the suitability of an investment strategy used in certain client accounts.
  • Yujie (Jared) Liu also agreed to pay costs in the amount of $5,000.
  • The Settlement Agreement is available at:
    Yujie (Jared) Liu and BMO Nesbitt Burns Inc. – Settlement Agreement
    BMO NBI is a CIRO-regulated Dealer Member.
  • Yujie (Jared) Liu was a Registered Representative with BMO NBI from September 2006 until approximately July 2021.

CFP Board Imposes Public Sanctions on Nine Additional Individuals

Retrieved on: 
Friday, April 5, 2024
Other Professional Services, Personal Finance, Finance, Asset Management, Consulting, Accounting, Professional Services, Business, Failure, General ledger, NAC, Counsel, Professional services, FINRA, Consent decree, Consent, Employment, Form, Seriousness, Enforcement, Censure, Calendar, Social Security, Documentation, Letter, District court, Code, Commission, Administration, Ethics commission, Associate, DEC, Motion, Complaint, Social, CFP, AWC, Financial Industry Regulatory Authority, Financial adviser

Robert P. Baffa Jr., CFP® (Las Vegas, Nevada): In January 2024, the Disciplinary and Ethics Commission (Commission) issued an order in which Mr. Baffa received a Public Censure.

Key Points: 
  • Robert P. Baffa Jr., CFP® (Las Vegas, Nevada): In January 2024, the Disciplinary and Ethics Commission (Commission) issued an order in which Mr. Baffa received a Public Censure.
  • Pursuant to his Consent Order with CFP Board, the Commission issued Mr. Ercole an Order of Public Censure.
  • Pursuant to this Consent Order with CFP Board, the Commission issued Ms. Hayut a Suspension of One Year and One Day.
  • This sanction followed the expiration of Mr. Kirkpatrick’s CFP® certification and his failure to file an Answer to CFP Board Enforcement Counsel’s Complaint within the required time frame.

CFP Board Imposes Interim Suspension on Lee Giobbie of Mount Holly, New Jersey

Retrieved on: 
Friday, April 5, 2024
Personal Finance, Finance, Consulting, Professional Services, Asset Management, Failure, Certification, Ethics commission, DEC, Crime, Code, Motion, Commission, Counsel, Respondent, Financial Industry Regulatory Authority, Enforcement, CFP, Revocation, FINRA

Certified Financial Planner Board of Standards, Inc. (CFP Board) announced that it has imposed an interim suspension of the CFP Board certification marks against Lee Giobbie, which is effective as of February 15, 2024.

Key Points: 
  • Certified Financial Planner Board of Standards, Inc. (CFP Board) announced that it has imposed an interim suspension of the CFP Board certification marks against Lee Giobbie, which is effective as of February 15, 2024.
  • After cooperating with Enforcement Counsel’s preliminary investigation, Mr. Giobbie consented to CFP Board entering an Interim Suspension Order against him.
  • Mr. Giobbie’s consent to entry of an Interim Suspension Order is grounds for an automatic Interim Suspension Order under Article 2.1.b.5.
  • An interim suspension is a suspension of a CFP® professional’s certification and trademark license during the pendency of CFP Board enforcement proceedings.

Decision Notice - CIRO Sanctions Sam Hsiao-Tse Yang

Retrieved on: 
Tuesday, April 2, 2024
Conduct, AB, Knowledge, Settlement, Enforcement, Investment, The central science, CIRO

CALGARY, AB, April 2, 2024 /CNW/ - On March 15, 2024, a hearing panel of the Canadian Investment Regulatory Organization (CIRO) held a hearing pursuant to the Investment Dealer and Partially Consolidated Rules and accepted a settlement agreement, with sanctions, between Enforcement Staff and Sam Hsiao-Tse Yang.

Key Points: 
  • CALGARY, AB, April 2, 2024 /CNW/ - On March 15, 2024, a hearing panel of the Canadian Investment Regulatory Organization (CIRO) held a hearing pursuant to the Investment Dealer and Partially Consolidated Rules and accepted a settlement agreement, with sanctions, between Enforcement Staff and Sam Hsiao-Tse Yang.
  • Pursuant to the settlement agreement, Sam Hsiao-Tse Yang agreed to the following sanctions:
    a suspension for nine months,
    a six-month close supervision upon registration with CIRO, and
    a requirement to rewrite of the Conduct and Practices Handbook exam prior to registration with CIRO.
  • Sam Hsiao-Tse Yang also agreed to pay $5,000 in costs.
  • The Settlement Agreement is available at:
    The violations occurred while Sam Hsiao-Tse Yang was a Registered Representative with the Edmonton, Alberta branch of RBC Dominion Securities Inc. Sam Hsiao-Tse Yang is not currently working in a registered capacity with a CIRO-regulated firm.

Hearing Notice - CIRO to Hold a Settlement Hearing for Allen Murphy

Retrieved on: 
Thursday, March 28, 2024
CIBC, Enforcement, Investment, The central science, Hearing, CIRO, Financial adviser

TORONTO, March 28, 2024 /CNW/ - A hearing has been scheduled before a hearing panel of the Canadian Investment Regulatory Organization (CIRO) pursuant to the Investment Dealer and Partially Consolidated Rules to consider whether a hearing panel should accept a settlement agreement entered into between Enforcement Staff and Allen Murphy.

Key Points: 
  • TORONTO, March 28, 2024 /CNW/ - A hearing has been scheduled before a hearing panel of the Canadian Investment Regulatory Organization (CIRO) pursuant to the Investment Dealer and Partially Consolidated Rules to consider whether a hearing panel should accept a settlement agreement entered into between Enforcement Staff and Allen Murphy.
  • The hearing is not open to the public but will become open if the panel accepts the settlement agreement.
  • If the agreement is accepted, the panel's decision and the settlement agreement will be made available at www.ciro.ca .
  • The Notice of Application announcing the settlement hearing is available at:
    The alleged violations occurred while Allen Murphy was a Registered Representative with the Thornhill branch of CIBC World Markets Inc. Allen Murphy continues to be employed in the industry in a registered capacity.

Hearing Notice - CIRO to Hold a Settlement Hearing for Yujie (Jared) Liu and BMO Nesbitt Burns Inc.

Retrieved on: 
Monday, March 25, 2024
BMO, Enforcement, Investment, The central science, Hearing, CIRO

A prior settlement hearing concerning the same matter was held on August 25 and 29, 2023 where a hearing panel rejected the settlement agreement.

Key Points: 
  • A prior settlement hearing concerning the same matter was held on August 25 and 29, 2023 where a hearing panel rejected the settlement agreement.
  • The hearing will become open to the public in the event that the hearing panel accepts the settlement agreement.
  • If the agreement is accepted, the panel's decision and the settlement agreement will be made available at www.ciro.ca .
  • The Notice of Application announcing the settlement hearing is available at:
    Yujie (Jared) Liu and BMO Nesbitt Burns Inc. - Notice of Application
    Yujie (Jared) Liu was a Registered Representative with BMO NBI during the relevant time and until approximately July 2021.

Hearing Notice - CIRO to Hold a Settlement Hearing for Yujie (Jared) Liu and BMO Nesbitt Burns Inc.

Retrieved on: 
Monday, March 25, 2024
BMO, Enforcement, Investment, The central science, Hearing, CIRO

A prior settlement hearing concerning the same matter was held on August 25 and 29, 2023 where a hearing panel rejected the settlement agreement.

Key Points: 
  • A prior settlement hearing concerning the same matter was held on August 25 and 29, 2023 where a hearing panel rejected the settlement agreement.
  • The hearing will become open to the public in the event that the hearing panel accepts the settlement agreement.
  • If the agreement is accepted, the panel's decision and the settlement agreement will be made available at www.ciro.ca .
  • The Notice of Application announcing the settlement hearing is available at:
    Yujie (Jared) Liu and BMO Nesbitt Burns Inc. - Notice of Application
    Yujie (Jared) Liu was a Registered Representative with BMO NBI during the relevant time and until approximately July 2021.

Health and social care veteran regulator Ginny Hanrahan joins Thentia's growing team of regulatory subject matter experts

Retrieved on: 
Friday, March 15, 2024
Cloud, College, Community, Health, Freedom, Ulster University, Growth, Trinity College, Beaumont Hospital, Community health, Saint Joseph's, Knowledge, Cardarelli, Occupational therapy, Trinity College Dublin, CLEAR, Employment, Council, Enforcement, SME, Movement, Nursing

Thentia announces the addition of veteran health and social care regulator Ginny Hanrahan to its regulatory SME team.

Key Points: 
  • Thentia announces the addition of veteran health and social care regulator Ginny Hanrahan to its regulatory SME team.
  • DUBLIN, March 15, 2024 /PRNewswire/ - As part of its ongoing commitment to regulatory excellence, Thentia is pleased to welcome Ginny Hanrahan to its global team of regulatory experts.
  • With a career in health and social care spanning four decades, including 15 spent as the inaugural CEO and Registrar at CORU, Ireland's multi-profession health and social care regulator, Ms. Hanrahan joins Thentia as an independent consultant and will use her considerable regulatory expertise to support the company's growing European business.
  • "We are delighted to welcome Ginny to our regulatory team," says Julian Cardarelli, Chief Executive Officer, Thentia.

Health and social care veteran regulator Ginny Hanrahan joins Thentia's growing team of regulatory subject matter experts

Retrieved on: 
Friday, March 15, 2024
Cloud, College, Community, Health, Freedom, Ulster University, Growth, Trinity College, Beaumont Hospital, Community health, Saint Joseph's, Knowledge, Cardarelli, Occupational therapy, Trinity College Dublin, CLEAR, Employment, Council, Enforcement, SME, Movement, Nursing

DUBLIN, March 15, 2024 /PRNewswire/ -- As part of its ongoing commitment to regulatory excellence, Thentia is pleased to welcome Ginny Hanrahan to its global team of regulatory experts. With a career in health and social care spanning four decades, including 15 spent as the inaugural CEO and Registrar at CORU, Ireland's multi-profession health and social care regulator, Ms. Hanrahan joins Thentia as an independent consultant and will use her considerable regulatory expertise to support the company's growing European business.

Key Points: 
  • Thentia announces the addition of veteran health and social care regulator Ginny Hanrahan to its regulatory SME team.
  • DUBLIN, March 15, 2024 /PRNewswire/ -- As part of its ongoing commitment to regulatory excellence, Thentia is pleased to welcome Ginny Hanrahan to its global team of regulatory experts.
  • With a career in health and social care spanning four decades, including 15 spent as the inaugural CEO and Registrar at CORU, Ireland's multi-profession health and social care regulator, Ms. Hanrahan joins Thentia as an independent consultant and will use her considerable regulatory expertise to support the company's growing European business.
  • "We are delighted to welcome Ginny to our regulatory team," says Julian Cardarelli, Chief Executive Officer, Thentia.

Katten Expands Litigation Team With Kevin Broughel in New York

Retrieved on: 
Thursday, March 14, 2024
Intellectual property, American Bar Association, Bankruptcy, Discovery Committee, Enforcement, Government, Property management

NEW YORK, March 14, 2024 /PRNewswire/ -- Katten announced today that seasoned litigator Kevin P. Broughel has joined the firm's Financial Markets Litigation and Enforcement practice as a partner in New York.

Key Points: 
  • NEW YORK, March 14, 2024 /PRNewswire/ -- Katten announced today that seasoned litigator Kevin P. Broughel has joined the firm's Financial Markets Litigation and Enforcement practice as a partner in New York.
  • With over twenty years of experience, Broughel focuses his practice in the areas of financial services, securities and shareholder disputes, fiduciary duty litigation and commercial litigation.
  • He counsels corporations and individuals in complex litigation involving corporate governance and fiduciary duties, securities fraud, mergers and acquisitions, class and derivative litigation, bankruptcy litigation and restructuring matters.
  • Before joining Katten, Broughel served as global co-chair of the Securities Litigation practice at Paul Hastings LLP.