Resolution notification – Ciro Gary Edmond Perron and Cumberland Private Wealth Management Inc.

Calgaret, fatherand April 28, 2025 / Cnw/ – on March 21, 2025The Hearing Committee of the Canadian Investment Organization (SeroA hearing was held in an employment of investment traders and partially unified rules and the rules of the agent member and before a settlement agreement, with the sanctions, between the employees of enforcement and the respondents, Gary Edmund Peron And Cumberland Private Wealth Management Inc. (CPWM).

As part of the settlement, Gary Peron He admitted that he failed to reveal and seek prior approval of activities related to the transfer of stocks and control of an external company for himself, and CPMW admitted that he failed to address red flags and questions sufficiently and continued to allow Gary Peron Trading despite the red flags that require more investigation.

In accordance with the settlement agreement, Gary Peron He agreed to pay a fine $ 200,000 And the costs 50,000 dollarsCPWM agreed to pay a fine 150,000 dollars.

The settlement agreement is available on:

Perron, Gary and Cumberland Private Wealth Management – Settlement Agreement

The decision of the Hearing Committee will be provided on www.ciro.ca.

At the time of violations, Gary Peron I conducted business in CPWM from Paham Islands. Gary Edmund Peron Continue work as a registered actor at CPWM. CPWM is a CIRO trader -based trader member Toronto, Ontario.

Canadian Investment Regulatory Organization (CIRO) is the National Self -Organization Organization that oversees all investment traders, joint investment funds and trading activity on Canada Debt and stock markets. CIRO is committed to protecting investors, providing effective and consistent organization, and building Canadian confidence in financial organization and people who manage their investments. For more information, please visit www.ciro.ca.

All information about disciplinary procedures related to current and previous member companies and individuals registered under Investment dealer and partially unified rules (For investment traders), and The rules of the joint box dealer (For merchants of joint boxes) and Global market safety rules (UMIR) is available on Ciro website.

The basic information related to disciplinary qualifications and history, if any, from consultants who are currently working by CIRO investment companies available for free through Consultant service. Information is available on how to make a merchant, advisor or market complaints by calling 1-877-442-4322.

CIRO has realized the possible misconduct by member companies and individual registered companies. It can bring disciplinary procedures that may lead to penalties including fines, suspension, permanent bars, or expulsion of membership, or terminate rights and privileges for individuals and companies.

All other inquiries: Complaints and inquiries
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Source Canadian Investment Organization (CIRO)

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