Changes designed to ensure the effective management of risks associated with electronic trading
Compliance report signals SRO’s priorities for the coming year
Off-site supervisors mistakenly believed trading platform would ensure all options trades were appropriate for client accounts
Former DWM Securities manager failed to ensure that rep’s recommendations were suitable for clients
Poor knowledge of the product and its risks lead to $30,000 fine
Penalty hearing to be scheduled
Pointe-Claire man borrowed money from a client without his firm’s authorization
Quebec man directed elderly client to sign blank cheques under false pretenses
Former Scotia Capital broker made excessive, unsuitable trades
Dealer and branch manager sanctioned for lax supervision of leveraged ETF recommendations