Permanent trading and registration bans ordered against executives Miklos Nagy and Tony Sanfelice
The respondents were allegedly “engaged in shocking misconduct” and were subsequently terminated, resigned or placed on leave
Unauthorized discretionary by Adam Woodward caused significant client losses, regulator says
The former BMO Nesbitt Burns advisor admitted he sold new issues to clients, in part, to generate additional commissions for himself and the firm
Global regulators are focused on changing behaviours and non-financial sanctions are on the rise
OSC to hear both sides in case of advisor who accepted loan from clients
The firm admitted that it failed to adequately supervise leveraged accounts and concentration risk
In the event the panel accepts the settlement, it will provide written reasons for its decision
Henry Cole must continue making payments to bankruptcy trustee
The Thunder Bay, Ont., advisor raised more than $500,000 from clients off-book