CP market fell over 8% in 2009
Goal is to enhance investor protection
Securities industry cautiously supportive
Desjardins Securities adjusts EPS forecasts for Scotia, CIBC and Laurentian
Largest penalty slapped on National Bank Financial
Settlement includes $4 million investment in financial education campaign
IIROC to review settlements with Canaccord, Credential, and Scotia Capital
Regulator alleges firm failed to act fairly
Regulator alleges shortcomings in firm’s disclosure
Notices follow investigation of ABCP firm’s disclosure to investors