A panel reluctantly ordered less than full disgorgement of the ill-gotten gains
Firms didn't have adequate programs for spotting red flags
Rep fined after switching a nonagenarian's account into a DSC fund
Pair ordered to pay $3.3 million in fines, costs and disgorgement
Software updates caused various issues undermining market oversight
SRO levies $60,000 fine and orders $10,000 in costs
Fraudsman falsely claimed connections with Fed, financial firms
One defendant allegedly learned about Merck’s Pandion acquisition; another allegedly learned about the T-Mobile-Sprint merger
The money was used to satisfy a margin call
An IIROC hearing panel also permanently banned the former Toronto-area rep