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
Investors lost $9.8M on investment that turned out to be a fraud
Changes allow SRO to match SEC on standards for inter-listed stocks
SRO launches review of policy framework for the provision of advice
External provider stopped including CSE stocks in trading reports
BCSC sent case back to SRO panel, which dismissed allegations