TORONTO, Jan. 15, 2026 /CNW/ - Following a sanctions hearing held on November 20, 2025, a hearing panel of the Canadian Investment Regulatory Organization (CIRO), under the Investment Dealer and Partially Consolidated Rules, issued its reasons for decision, imposing the following sanctions on Matthew Philip Ewing:

a)    a ten-year suspension from registration in any capacity with CIRO;

b)    any future registered activity to be subject to successful completion of the then-current Conduct and Practices Handbook examination and to one year of supervision; and

c)    a fine of $75,000.

Matthew Ewing is also required to pay costs of $50,000.

The sanctions decision dated January 5, 2026 can be found at:

Re Ewing 2026 CIRO 01

In its decision on the merits dated July 31, 2025, the hearing panel found that Matthew Ewing engaged in conduct which fell below professional standards under IDPC Rule 1400 in relation to two related clients, and engaged in personal financial dealings with several clients. The hearing panel dismissed the allegations that Matthew Ewing falsified portfolio overview documents and that he engaged in unauthorized discretionary trading.

The decision on Liability can be found at:

Re Ewing 2025 CIRO 39

At the time of the contraventions, Matthew Ewing was a Registered Representative with RBC Dominion Securities Inc. and National Bank Financial in Ontario. Matthew Ewing is not currently registered with CIRO-regulated firms 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.

All other Inquiries: Complaints & Inquiries
                                 Secure form
                                Toll-free (Canada/US) 1-877-442-4322

SOURCE Canadian Investment Regulatory Organization (CIRO)