CIRO Hearing Panel hears motion in the matter of Alvinder Gill

July 24, 2023 (Toronto, Ontario) – The Mutual Fund Dealers Association of Canada (“MFDA”), now Canadian Investment Regulatory Organization (“CIRO”) commenced a disciplinary proceeding in respect of Alvinder Singh Gill (“Respondent”) by Notice of Hearing dated November 11, 2022.

A Hearing Panel of CIRO’s Pacific District Hearing Committee heard a motion by electronic hearing on July 7, 2023, brought by the Respondent seeking, amongst other things, to adjourn the disciplinary proceeding against him.

Following submissions by the parties, the Hearing Panel dismissed the Respondent’s motion and advised that written reasons for its decision will be issued in due course. The Hearing Panel ordered that the Hearing on the Merits, as previously announced would take place by electronic hearing on July 11-13, 2023, commencing at 10:00 a.m. (Mountain) each day, or as soon thereafter as the matter can be heard. The proceeding will be open to the public, except as may be required for the protection of confidential matters. Members of the public who would like to obtain particulars should contact [email protected].

A copy of the Notice of Hearing is available on the MFDA website at www.mfda.ca. During the period described in the Notice of Hearing, the Respondent conducted business in Abbotsford, British Columbia.

Canadian Investment Regulatory Organization 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 carrying on the regulatory functions of the Investment Industry Regulatory Organization of Canada and the Mutual Fund Dealers Association of Canada, and 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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