Decision Notice – CIRO Sanctions Christina (Lorna) Cole
VANCOUVER, BC, July 28, 2026 /CNW/ — Following a sanctions hearing, held on June 24, 2026, a hearing panel of the Canadian Investment Regulatory Organization (CIRO) under the Mutual Fund Dealer Rules imposed the following sanctions on Christina (Lorna) Cole:
(a) a permanent prohibition from conducting securities related business in any capacity while in the employ of or associated with any CIRO Dealer Member;
(b) disgorgement of $1,801.78; and
(c) a fine of $50,000.00.
Christina Cole is also required to pay costs in the amount of $7,500.
In an agreed statement of facts, Christina Cole admitted she misappropriated or failed to account for monies that she obtained from investment or bank accounts of clients.
The hearing panel’s decision, dated July 15, 2026 is available at:
The violations occurred while Christina Cole was a Registered Representative with BMO Investments Inc. in the Squamish, British Columbia area. Christina Cole is not currently registered in the securities industry in any capacity.
The Canadian Investment Regulatory Organization (CIRO) is the pan-Canadian 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 the Investment Dealer and Partially Consolidated Rules (for investment dealers), the Mutual Fund Dealer Rules (for mutual fund dealers) and the Universal Market Integrity Rules (UMIR) is available on CIRO’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 AdvisorReport service. 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.
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SOURCE Canadian Investment Regulatory Organization (CIRO)
