The firm will pay a $250,000 fine and $50,000 in costs
Regulators stop short of going ahead with OBSI recommendations
IIROC and MFDA advisors could lose their licence if they act as an executor and/or beneficiary
“We’ve got to keep the standards high,” says PMAC president
The MFDA banned a different rep for the same offence last week
Man used falsified documents to apply for a personal line of credit
Settlement agreement also includes a $40,000 fine, $5,000 in costs
Regulator may allow member firms to accredit CE activity of their own reps
"Special investment opportunity" allegedly misappropriated $1.36 million from clients
The fine is $1.6 million