CIRO to Hold Settlement Hearing for RBC Dominion Securities Inc.
The Canadian Investment Regulatory Organization (CIRO) has announced a settlement hearing concerning RBC Dominion Securities Inc. (RBC DS). The hearing is scheduled before a hearing panel under the Investment Dealer and Partially Consolidated Rules to consider a settlement agreement between CIRO Enforcement Staff and RBC DS.
Allegations and Background
The settlement agreement addresses allegations that RBC DS failed to establish, maintain, and enforce an adequate supervisory system for the futures trading activities of two of their Registered Representatives. This failure allegedly contravened regulatory requirements designed to ensure proper oversight of trading activities.
RBC DS is a CIRO-regulated firm, and the hearing will be conducted by videoconference from Toronto, Ontario. If the hearing panel accepts the settlement agreement, the proceedings will become open to the public, and the panel's decision along with the settlement agreement will be published on CIRO's website at www.ciro.ca.
Hearing Details
- Date: June 18, 2026, at 10:45 a.m. (Eastern Time)
- Location: Toronto, Ontario (by videoconference)
Members of the public seeking further particulars are encouraged to fill out a form available on CIRO's website. The Notice of Motion announcing the settlement hearing is also accessible online.
About CIRO
The Canadian Investment Regulatory Organization (CIRO) 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 public trust in financial regulation and investment management. More information is available at www.ciro.ca.
CIRO investigates potential misconduct by its member firms and individual registrants. It can initiate disciplinary proceedings that may result in sanctions such as fines, suspensions, permanent bars, expulsion from membership, or termination of rights and privileges for individuals and firms.
All information about disciplinary proceedings relating to current and former member firms and individual registrants under the Investment Dealer and Partially Consolidated Rules, the Mutual Fund Dealer Rules, and the Universal Market Integrity Rules is available on CIRO’s website. Background information on advisors’ qualifications and disciplinary history is accessible through the AdvisorReport service free of charge. Complaints about dealers, advisors, or marketplaces can be made by calling 1-877-442-4322.
