Order: Deeb v Canadian Investment Regulatory Organization

BETWEEN:

PETER MICHAEL DEEB
(Applicant)

- and -

CANADIAN INVESTMENT REGULATORY ORGANIZATION and ONTARIO SECURITIES COMMISSION
(Respondents)

File No. 2026-10

Adjudicators:
James Douglas (chair of the panel)
Judith Robertson 
Mary Condon

April 6, 2026

ORDER

(Section 8 of the Securities Act, RSO 1990, c S.5)

WHEREAS on April 6, 2026, the Capital Markets Tribunal held a hearing at 20 Queen Street West, 17th Floor, Toronto, Ontario, to consider a motion brought by Peter Michael Deeb for a stay of the Final Order and Decision on Sanctions and Costs of the Canadian Investment Regulatory Organization dated February 3, 2026, pending the disposition of Deeb’s application for a review of this decision and the Liability Decision of CIRO dated April 14, 2025, by the Tribunal (the Stay Motion);

AND WHEREAS on March 9, 2026, the Tribunal ordered the CIRO decisions be stayed pending the disposition of the Stay Motion (the Interim Stay Order);

ON HEARING the submissions of the representatives for Deeb, CIRO, and the Ontario Securities Commission;

IT IS ORDERED, for reasons to follow, that:

1. the Stay Motion is dismissed; and
2. the Interim Stay Order shall remain in effect for 10 business days following the date of this order.