IAP wants regulatory sanctions against individuals to apply across regional and industry jurisdictions
The company will pay US$28 million as part of a non-prosecution agreement
The group also called for fintech regulation
Firm fined US$2 million
The rewards were for three separate cases
He must also cooperate in enforcement action against other individuals involved
The BCSC says it has collected $4.8 million in penalties
The former head trader allocated new issues acquired for retail clients to his employer's trading accounts or his own personal trading accounts
Penalties added for unauthorized outside business activity
Former fund rep admitted to advising without registration and misleading investors