IN THE MATTER OF Sandly Alteon – Motion Decision

Toronto, (Ontario), October 30, 2024 – On October 17, 2024, a hearing panel of the Canadian Investment Regulatory Organization (CIRO) heard Sandly Alteon’s motion for a further adjournment of her matter, pursuant to the Mutual Fund Dealer Rules. The hearing panel decided to allow Enforcement counsel to proceed with their case on October 18, 2024, and to adjourn to November 7-8, 2024, for Sandly Alteon’s case and for completion of the proceeding. The hearing panel’s reasons for decision on the motion dated October 22, 2024, is available at:

Re Alteon 2024 CIRO 73

The motion relates to a disciplinary proceeding initiated against Sandly Alteon, which alleges that she:

1. engaged in personal financial dealings with a client, giving rise to a conflict or potential conflict of interest that she failed to disclose to the Dealer Member or otherwise address by the exercise of responsible business judgment influenced only by the best interests of the client;
2. engaged in outside activities that were not disclosed to or approved by the Dealer Member; and
3. failed to cooperate with an investigation into the Respondent’s conduct by Staff of CIRO.

The Notice of Hearing and Statement of Allegations which sets out the allegations is available at:

Alteon, Sandly – Notice of Hearing and Statement of Allegations

At all material times, Sandly Alteon conducted business in the Laval, Quebec area. Sandly Alteon is not currently registered in the securities industry in any capacity.