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
Ontario advisor violated securities rules by borrowing funds from several insurance clients
Advisor did not comply with the dealer’s own guidelines for leveraged ETFs
Trading in multiple accounts created a misleading appearance of market activity
Enforcement tool enables regulators to resolve cases more quickly
The SRO’s latest annual enforcement report reveals that a new authority in Ontario for IIROC to enforce disciplinary orders in the courts already is having an impact
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
MFDA hearing panel finds Thunder Bay man misappropriated money for spouse’s TFSA