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File: 15-0228 Enforcement Notice - NR -Hearing - Robert Connor - Discipline (English) (2).pdf

Enforcement Notice
Hearing
15-0228

For further information, please contact:

Enforcement Contact:                                                                  Media Contact:


Elsa Renzella                                                                          Karen Archer
Vice President, Enforcement                                                 Manager, Media Relations
416 943-5877                                                                          416 865-3046
erenzella@iiroc.ca                                                                  karcher@iiroc.ca


IN THE MATTER OF Robert Connor   Discipline Hearing
October 8, 2015 (Toronto, Ontario)   A hearing has been scheduled before a Hearing
Panel of the Investment Industry Regulatory Organization of Canada (IIROC) in the matter of
Robert Connor.

The discipline hearing concerns allegations that Mr. Connor made unsuitable
recommendations in the accounts of two clients, compensated clients without his member
firm's knowledge, made unauthorized trades and engaged in discretionary trading.

The hearing is open to the public, unless the Panel orders otherwise. The decision of the
Hearing Panel will be made available at www.iiroc.ca.

Documents related to ongoing IIROC enforcement proceedings   including Reasons and
Decisions of Hearing Panels   are posted on the IIROC website as they become available. Click
here to search and access all IIROC enforcement documents.

Hearing Date: Monday, November 2, 2015 at 10:00 a.m.
Location:        IIROC Office
                 121 King Street West, Suite 2000
                 Toronto, Ontario

Specifically, the allegations are that:

(a)     During the period between March 2011 and September 2012, Robert Connor made
        unsuitable recommendations in the accounts of two clients, contrary to IIROC Dealer
        Member Rule 1300.1 (q);
 (b)      During the period between October 2010 and August 2012, Robert Connor
         compensated clients without his member firm's knowledge, contrary to IIROC Dealer
         Member Rule 29.1;
(c)      During the period between October 2010 and August 2012, Robert Connor made
         unauthorized trades in clients' accounts, contrary to IIROC Dealer Member Rule 29.1;
         and
(d)      During the period between October 2010 and August 2012, Robert Connor engaged
         in discretionary trading in client accounts, without the accounts having been accepted
         or approved as discretionary accounts, contrary to IIROC Dealer Member Rule 1300.4.

IIROC formally initiated the investigation into Mr. Connor's conduct in December 2012. The
alleged violations occurred while he was a Registered Representative with the Barrie, Ontario
branch of Scotia Capital Inc., an IIROC-regulated firm. Mr. Connor is no longer a registrant
with an IIROC-regulated firm.

The Notice of Hearing which sets out the allegations is available at:
http://docs.iiroc.ca/DisplayDocument.aspx?DocumentID=C44C1B3045524EAFAF639DF1336598B0&Language=en.

                                                           * * *

IIROC is the national self-regulatory organization which oversees all investment dealers and
trading activity on debt and equity marketplaces in Canada. Created in 2008 through the
consolidation of the Investment Dealers Association of Canada and Market Regulation Services
Inc., IIROC sets high quality regulatory and investment industry standards, protects investors
and strengthens market integrity while maintaining efficient and competitive capital markets.

IIROC carries out its regulatory responsibilities through setting and enforcing rules regarding
the proficiency, business and financial conduct of dealer firms and their registered employees
and through setting and enforcing market integrity rules regarding trading activity on
Canadian equity marketplaces.

IIROC investigates possible misconduct by its member firms and/or individual registrants. It
can bring disciplinary proceedings which may result in penalties including 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 is
available in the Enforcement section of the IIROC website. Background information regarding
the qualifications and disciplinary history, if any, of advisors currently employed by IIROC-
regulated firms is available free of charge through the IIROC AdvisorReport service. Information
on how to make investment dealer, advisor or marketplace-related complaints is available by
calling 1 877 442-4322.

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IIROC Notice 15-0228 Enforcement Notice/News Release   In the Matter of Robert Connor   Discipline Hearing