Panel issues fines, disgorgement, along with suspensions
Investor, former registrant allege regulator was negligent in protecting personal data
SRO proposes consolidated rulebook, alongside end to dual registration
Rep sanctioned in CIRO settlement, despite lack of harm
New $300 fee per rep set to take effect April 1
Fake bank accounts used to divert funds from clients that were elderly, dead
SRO failed to prove certain allegations, investor harm
Regulatory action deals with subset of $1.8 million misappropriation
Triple the proceeds of misconduct deemed more adequate deterrent
Former rep traded investors' discount brokerage accounts for them