IIROC claims firm failed to provide clients with position cost information in quarterly account statements
Agreements allow reps to receive compensation from credit unions for securities-related activities
More than three-quarters of firms conduct cybersecurity training at least annually
Client losses were between 52% and 59% of account value
Guidance is effective immediately
Project is a "first answer to what will be a series of questions" about regulatory barriers
Structure would be based on existing rules for conventional securities trading venues
The former head trader allocated new issues acquired for retail clients to his employer's trading accounts or his own personal trading accounts
Penalties added for unauthorized outside business activity
SRO satisfied firm will put in place appropriate disclosure, policies, procedures and controls