SRO levies $60,000 fine and orders $10,000 in costs
The four victims included insurance clients and were the advisor's family members
SRO taps Steven Glover as new chair, brings Steven Donald back to board in new role
New cases, sanctions, and fine collection rates all rose, though volume of cases opened during the year declined to 414 in 2021 from 461 in 2020
Real estate deals, outside businesses and exempt market sales violated MFDA rules, panel found
Ex-fund rep misappropriated client money and disappeared
Industry veterans are taking on new roles, including Andrew Kriegler with the forthcoming new SRO and Morningstar's Michael Jantzi
Regulators are also forming a new advisory committee to review SRO consolidation
Rep violated MFDA rules, OSC rules and firm's policies, panel finds
It remains up to regulators to act on long-standing recommendation