The former CIBC World Markets rep sold clients’s DSC mutual funds early
The dealers’s approach to supervisory reviews effectively excluded fee-based accounts with large, uninvested cash holdings
The panel found that contracts that were marketed as a tax-planning vehicle amounted to securities
The advisor used an active trading strategy to produce more than $1 million in commissions from trading for three senior clients over five years
The majority of respondents said the proposed fines for minor rule violations were too low and should be raised
Report highlights enforcement division’s activities
HollisWealth, acquired by Investia in 2017, implemented a remote branch supervision structure without first receiving MFDA approval
Nunavut, the Northwest Territories and Yukon join seven provinces in strengthening investor protection
Ponzi scheme using promissory notes cause investor losses of more than $1.5 million
Proposed settlement concern the dealer’s oversight of fee-based accounts