The Investment Dealers Association of Canada has set a hearing date for a panel to review possible disciplinary action against Joseph Genovese.

The hearing relates to allegations that while a Registered Representative at First Marathon Securities Ltd., Genovese recommended and carried out transactions for the account of a client that were unsuitable given the client’s personal circumstances and stated investment objectives.

The IDA also alleges that while a Registered Representative at Nesbitt Burns Inc., Genovese failed to ensure that account documentation in respect of two of his clients accurately reflected their personal circumstances and investment objectives, and recommended and carried out transactions for their accounts that were unsuitable given the clients’ personal circumstances and stated investment objectives.

The hearing is scheduled to commence on January 18 at the offices of the IDA in Toronto.