Review request Disciplinary Committee | DSI 2024-01

On April 25, 2024, the Chairman of the DSI Disciplinary Committee issued a ruling on a review request.

The DSI Disciplinary Committee ruled in 2024 on a review request following DSI’s decision not to refer disciplinary charges against a certified to the Disciplinary Committee.

The request for review relates to DSI’s decision of March 15, 2024. The applicant claimed that there is a connection between several pending proceedings, including a disciplinary complaint filed by him against the certified, a disciplinary complaint filed by a company against the applicant and civil proceedings initiated by an investor.

The Disciplinary Committee recognizes that there are substantive links between these proceedings, but emphasizes that a review request must be considered on its own merits. DSI examines each substantiated disciplinary complaint individually and then decides whether to refer it to the Disciplinary Committee. In doing so, disciplinary law is not intended to settle civil or contractual disputes.

The Committee points out that disputes about the termination agreement between the applicant and his former employer, as well as investor complaints about advised or realized investments, belong in the civil courts. This is different only when there is a possible violation of the DSI Code of Conduct.

Based on the file and the additional information provided, the Disciplinary Committee concludes that there is insufficient reason to suspect that the certified has acted in a disciplinary manner. Moreover, DSI has sufficiently justified the original decision not to submit the complaint.

Therefore, the Disciplinary Committee sees no reason to review DSI’s decision.

DSI Core Principles

• Core principle 3: Act carefully
  (DSI Code of Conduct articles 7.1.2 and 7.1.3)
• Core principle 1: Take responsibility.
  (DSI Code of Conduct articles 7.1.2 and 7.1.3)