VANCOUVER, BC, May 9, 2025 /CNW/ - A sanctions hearing has been scheduled before a hearing panel of the Canadian Investment Regulatory Organization (CIRO) under the Investment Dealer and Partially Consolidated Rules in the matter of Randy Bryan Hildebrandt.
The hearing panel will consider the sanctions to be imposed as a result of its decision on liability, dated January 23, 2025, which found that Randy Hildebrandt failed to adequately perform his role as a gatekeeper to capital markets by failing to make sufficient and reasonable or diligent inquiries in relation to client trading activities.
The hearing panel decision on liability is available at:
The sanctions hearing is open to the public unless the hearing panel orders otherwise. The decision of the hearing panel will be made available at www.ciro.ca.
Hearing Date: July 9, 2025 at 10:00 am (Pacific Time)
Location: Vancouver, British Columbia (via videoconference)
Members of the public, who would like to obtain further particulars, should fill out this form.
The violation occurred while Randy Hildebrandt was a Registered Representative with a Vancouver branch of PI Financial Corp., now Ventum Financial Corp., where he continues to be employed in a registered capacity.
The Canadian Investment Regulatory Organization (CIRO) 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 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.
All information about disciplinary proceedings relating to current and former member firms and individual registrants under the Investment Dealer and Partially Consolidated Rules (for investment dealers), the Mutual Fund Dealer Rules (for mutual fund dealers) and the Universal Market Integrity Rules (UMIR) is available on CIRO's website.
Background information regarding the qualifications and disciplinary history, if any, of advisors currently employed by CIRO-regulated investment firms is available free of charge through the AdvisorReport service. Information on how to make dealer, advisor or marketplace-related complaints is available by calling 1-877-442-4322.
CIRO investigates possible misconduct by its member firms and individual registrants. It can bring disciplinary proceedings which may result in sanctions including fines, suspensions, permanent bars, expulsion from membership, or termination of rights and privileges for individuals and firms.
SOURCE Canadian Investment Regulatory Organization (CIRO)
Media Inquiries: Ariel Visconti, Senior Corporate Communications and Public Affairs Specialist, [email protected] / 416-945-5148; All other Inquiries: Complaints & Inquiries, Secure form(https://www.ciro.ca/complaint-and-inquiry-submission-secure-form), Email to [email protected], Toll-free (Canada/US) 1-877-442-4322
Share this article