2017/18 report shows how regulators work collaboratively to address violators
International Capital Management, John Sanchez and Javier Sanchez admitted to several violations of MFDA rules
The former advisor misappropriated client funds and and and created fictitious account statements
Robert Sole took a job with a proprietary trading firm while suspended, violating the terms of a 2016 settlement agreement
Mutual fund dealer fined $125,000 for compliance failings
Establishing “harm” is no easy task
Former Aston Hill fund manager agrees to testify as a witness for the OSC
Regulator to consider allegations against portfolio and investment manager at July 3 hearing
The legislation will boost the ability of self-regulatory organizations to carry out their mandates
The case highlights the lack of governance requirements for mutual funds that distribute securities in the exempt market