CSA says self-regulatory organization meets terms and conditions of its recognition order
The former advisor misappropriated client funds and and and created fictitious account statements
Mutual fund dealer fined $125,000 for compliance failings
The SRO is placing a high priority on embracing innovation within the investment industry in a manner that meets regulatory requirements and protects investors
Penalty sends a “clear message” to investment industry members and the public
The vulnerable investors were the parents of the rep’s former fiancé
Twelve reps at a branch in Mississauga, Ont. falsified KYC information in order to obtain investment loans
Proposals reflect trends toward a principles-based approach to sanctioning
David Hamilton Cudmore was terminated following accusations he was “engaged in irregular and potentially unethical business practices”
Monetary sanctions levied against both mutual fund dealers and mutual fund advisors totalled $8.5 million in 2017