In a settlement agreement with IIROC, the firm acknowledged it failed to adequately monitor suspicious account transfers
The receiver plans to file materials next week seeking court approval for a sale process
The OSC is gearing up to oppose claims of improper disclosure
The US$8.1-million settlement will be distributed to harmed investors
Greater transparency could help investors and improve audit quality
An OSC hearing panel approves a settlement and says the sanctions represent a deterrent
A pair of SEC commissioners criticized the lack of guidance regarding the regulator's approach to digital assets
The regulator alleged that investors were misled by a shell company and its acquisition target
The firm pushed advisors to recommend higher-cost managed accounts to clients
A client eligible for no-loads funds was instead sold a DSC fund to boost the rep's compensation