Canadian stockbrokers cleared of duty failures; their regulator, CIRO, appeals decision.

Two stockbrokers from British Columbia, Teymur Englesby and Cale Nishimura, have been cleared of allegations they failed their duties. Their regulator, the Canadian Investment Regulatory Organization (CIRO), is appealing the decision, but the brokers argue CIRO lacks the right to appeal. The case hinges on whether CIRO is considered an "affected person" with the right to challenge the decision. The review is set for three days this month.

2 months ago
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