An initial appearance has been scheduled under the Mutual Fund Dealer Rules to set a date for a disciplinary hearing in the matter of Mohammed (Hamoudi) Dakik.
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:July 17, 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 Mohammed Dakik:
(a) engaged in securities-related business that was not carried on for the account or through the facilities of the Dealer Member by recommending, selling, or facilitating the sale of securities of a company to clients and other individuals, and
(b) engaged in unapproved outside activities that were not disclosed to or approved by the Dealer Memberin relation to the solicitation and sale of investments outside the Dealer Member to clients and other individuals.
The Notice of Hearing and Statement of Allegations, which set out the allegations, are available at:
Dakik, Mohammed- Notice of Hearing and Statement of Allegations
The alleged violations occurred while Mohammed Dakik was a Registered Dealing Representative with the Investors Group Financial Services Inc. in the Nepean, Ontario area. Mohammed Dakik 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, visitwww.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 theAdvisorReportservice. 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.
All other Inquiries:
Complaints & Inquiries Secure formEmail to info@ciro.caToll-free (Canada/US) 1-877-442-4322
SOURCE Canadian Investment Regulatory Organization (CIRO)
https://rt.newswire.ca/rt.gif?NewsItemId=C9619&Transmission_Id=202506021330CANADANWWEB______C9619&DateId=20250602