Deadline for providing a response would be shortened to three months
Prohibition of conduct in securities-related business is also part of the penalty issued on Thursday
The Mutual Fund Dealers Association of Canada has suspended the membership rights and privileges of IOCT Financial Inc.On Feb. 10 in Toronto, a public representative of the MFDA’s Central Regional Council suspended the company’s membership until further order of a hearing panel. The order came after IOCT Financial’s registration as a mutual fund dealer was […]
Board to maintain its current composition with one vacancy of a public director
Proposed amendments will see PPNs sales go through MFDA dealers, triggering KYC obligations
Interglobe branch manager fined $40,000
Bulletin outlines common deficiencies and provides guidance on best practices
CSA urges action to ensure that KYC and suitability obligations apply to all dealings in PPNs
Firm failed to disclose referral arrangement with Portus to clients
Regulators grant extension to MFDA