CIRO Schedules Disciplinary Hearing for Former Calgary Investment Rep
The Canadian Investment Regulatory Organization (CIRO) is set to convene a disciplinary hearing on December 9, 2025, via videoconference from Calgary, to address allegations against Tiffany Lee Felker. Felker, a former Registered Dealing Representative with BMO Investments Inc., faces accusations of executing unauthorized transactions and updating client information without consent in the Edmonton area. She is also alleged to have been non-cooperative with CIRO's investigation.
CIRO, which replaced and consolidated the functions of the Mutual Fund Dealers Association of Canada (MFDA) and the Investment Industry Regulatory Organization of Canada (IIROC) in January 2023, is the national self-regulatory organization responsible for overseeing investment and mutual fund dealers across Canada. Its mandate emphasizes protecting investors, upholding industry standards, and ensuring market integrity.
Calgary plays a significant role in Canada's financial landscape, with the Alberta Securities Commission (ASC) and other regulatory bodies actively engaged in fostering a fair and efficient capital market within the province. The financial sector in Calgary and throughout Alberta relies on robust regulatory oversight to build public trust and deter fraudulent practices, a key focus for CIRO.
Felker is currently unregistered in the securities industry. The hearing will be open to the public unless a panel determines otherwise, and interested parties can find further details on CIRO's official website. This proceeding underscores the ongoing commitment to investor protection within Alberta's dynamic financial sector.,The Canadian Investment Regulatory Organization (CIRO) is slated to hold a disciplinary hearing on December 9, 2025, concerning Tiffany Lee Felker, a former Registered Dealing Representative with BMO Investments Inc. The hearing, which will address alleged unauthorized transactions in the Edmonton area, will be conducted via videoconference from Calgary.
Felker faces allegations of processing transactions and updating client information without consent, along with non-cooperation with CIRO's investigation into these matters. She is currently unregistered in the securities industry. CIRO is the national self-regulatory organization tasked with overseeing investment dealers and mutual fund dealers across Canada, with a core mission to maintain trust and protect investors. The organization frequently highlights its dedication to investor protection and enhancing market integrity through timely and effective enforcement actions.
Calgary, a key financial hub, is home to the Alberta Securities Commission (ASC), which plays a vital role in regulating the provincial capital markets and working alongside national bodies like CIRO to safeguard investors. These regulatory efforts are crucial for maintaining confidence in Alberta's financial sector, which benefits from efficient regulation and a strong rule of law.
The upcoming hearing is open to the public unless a panel decides otherwise, with details available on CIRO's website. This action reaffirms the ongoing commitment to transparent and diligent oversight within Canada's investment industry, directly impacting investor confidence here in Calgary and across the province.
