The Globe and Mail reports in its Tuesday edition that Peter Deeb, chief executive officer of Hampton Securities, is appealing a regulatory ruling that suspended him due to his trading practices. The Globe's Alexandra Posadzki writes that a hearing panel of the Canadian Investment Regulatory Organization ruled last April that Mr. Deeb had engaged in trading practices that were "a serious violation of CIRO's rules" and that the firm's record-keeping was "clearly inadequate." On Feb. 18, the panel ordered Mr. Deeb to pay $2-million in fines and barred him permanently from serving as the "ultimate designated person" of Hampton or any other firm, a role typically held by the CEO. Mr. Deeb faces a one-year suspension from being a registered representative and a three-year prohibition from being an executive or supervisor of any CIRO dealer member. He was the chair of the Ontario Lottery and Gaming Corp. until 2021, appointed by Premier Doug Ford. He also served as a board member and audit committee chair of the PC Ontario Fund, the fundraising arm of the Progressive Conservative party. Mr. Deeb's appeal claims that the CIRO panel made legal errors and ignored key evidence, requesting that its decisions be overturned.