Clayton Smith engaged in fraud, regulator alleges
The two dealers will pay slightly less than $11 million to resolve allegations that clients paid excess fees
The allegations relate to the sale of more than $5.5 million worth of securities in Rockfort Mortgage Investment Corp. and Greenview Capital Mortgage Investment Corp
The Quadrus rep failed to disclose a criminal charge and a conditional discharge
The firm failed to implement any policies or procedures designed to ensure founder Sam Bouji did not act as an officer of the firm
Regulator singles out five firms in investor alert
Ontario advisor violated securities rules by borrowing funds from several insurance clients
Trading in multiple accounts created a misleading appearance of market activity
The charges relate to the sale of securities in Hockley Energy and Rocky Point Energy
Almost $3 million has been forfeited to Ontario’s Civil Remedies for Illicit Activities Office