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
The settlement aims to resolve a series of alleged supervisory shortcomings.
Two IG affiliates failed to move eligible investors into a cheaper series of certain funds