The applicant brought a motion to stay a sanctions order issued by the Canadian Investment Regulatory Organization (CIRO) pending a review application before the Capital Markets Tribunal.
The applicant also requested a confidential hearing and redactions to the adjudicative record due to sensitive mental health information.
The Tribunal dismissed the stay motion, finding the applicant failed to establish irreparable harm, as he had not been registered in the industry for over five years and provided no medical evidence that a stay would prevent harm to his health.
The Tribunal granted the confidentiality requests in part, ordering specific medical details redacted from the record while maintaining the public nature of the hearing transcript.
A portion of the applicant's brief referencing privileged settlement discussions was also struck.
