An initial appearance pursuant to the Mutual Fund Dealer Rules has been scheduled before a hearing panel of the Canadian Investment Regulatory Organization (CIRO) to set a date for a disciplinary hearing in the matter of Calogero (Charlie) Alaimo.
The initial appearance is open to the public unless the hearing panel orders otherwise. The date for the disciplinary hearing will be made available at www.ciro.ca.
Initial Appearance Date: April 2, 2025 at 10:00 am (Eastern Time)
Location: Toronto, Ontario (via videoconference)
Members of the public who would like to obtain further particulars should fill out this form.
The hearing concerns allegations that Calogero Alaimo failed to ensure that an investment strategy that he recommended and implemented for the account of a client was suitable based on the essential facts relative to the client.
The Notice of Hearing and Statement of Allegations which set out the allegations are available at:
Alaimo, Calogero – Notice of Hearing and Statement of Allegations
The alleged violations occurred while Calogero Alaimo was registered as a dealing representative with Royal Mutual Funds Inc. in the Vaughan, Ontario area. Calogero Alaimo is not currently registered in the securities industry in any 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 theInvestment Dealer and Partially Consolidated Rules(for investment dealers), theMutual Fund Dealer Rules(for mutual fund dealers) and theUniversal Market Integrity Rules(UMIR) is available onCIRO'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 AdvisorReportservice. 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)
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