Registration suspended for six months
John Fabello, a securities lawyer and a partner at Torys LLP, describes the fundamentals of the Investment Industry Regulatory Organization of Canada’s so-called “gatekeeper obligation” and it means for advisors. He spoke with Gavin Adamson at the TMX Broadcast Centre in Toronto.
IIROC hearing to suspend firm scheduled for Tuesday
IIROC panel says rep recommended a structured product without fully understanding it
Leede Financial rep guaranteed a client account and placed discretionary trades
IIROC panel imposes one-year ban
Implementation of the current form of disclosure on trade confirmations has presented ongoing challenges for some firms
When agreeing to guarantee the price of a trade to a client, firms must provide written notice to IIROC
Proposed rules relate to rule interpretation and principles of conduct
Harding suspended for making unauthorized purchases and recommending unsuitable transactions