CIRO Schedules Interim Hearing for George Abisaleh Over Client Fund Misappropriation
CIRO Schedules Interim Hearing for George Abisaleh

The Canadian Investment Regulatory Organization (CIRO) has announced an interim appearance for George Alexander Abisaleh, scheduled before a hearing panel under the Mutual Fund Dealer Rules. The proceedings are set to take place on June 8, 2026, at 10:00 a.m. Eastern Time via videoconference from Toronto, Ontario.

Allegations Against George Abisaleh

The hearing concerns allegations that Abisaleh misappropriated or otherwise obtained monies from clients, some or all of which he did not repay or account for. The alleged violations occurred while he was registered as a dealing representative with TD Investment Services Inc. in the Greater Toronto area. George Abisaleh is not currently registered in the securities industry in any capacity.

The Notice of Hearing and Statement of Allegations, detailing the charges, are available on CIRO's website. The interim appearance is open to the public unless the hearing panel orders otherwise. The date for the disciplinary hearing will be announced on CIRO's website.

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About CIRO

The Canadian Investment Regulatory Organization is the pan-Canadian self-regulatory organization overseeing all investment dealers, mutual fund dealers, and trading activity on Canada's debt and equity marketplaces. CIRO is dedicated to investor protection, efficient and consistent regulation, and building trust in financial regulation and those managing investments.

All disciplinary proceedings information regarding current and former member firms and individual registrants under the Investment Dealer and Partially Consolidated Rules, Mutual Fund Dealer Rules, and Universal Market Integrity Rules is available on CIRO's website. Background information on advisors' qualifications and disciplinary history is accessible through the AdvisorReport service. Complaints can be made by calling 1-877-442-4322.

CIRO investigates potential misconduct by member firms and individual registrants and can bring disciplinary proceedings resulting in sanctions such as fines, suspensions, permanent bars, expulsion, or termination of rights and privileges.

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