Illegal distribution, market manipulation and illegal insider trading were the most common offences sanctioned in Quebec
Although Richard Poirier’s violations are “egregious,” several mitigating factors justify $100,000 penalty and one-month suspension
$76,000 now available to investment scheme victims
The firm will pay a fine of $130,000 and costs of $20,000 after admitting to various regulatory failings
Winston King-Loong Kuit has been ordered to disgorge $147,500 and pay $20,000 in costs for improperly distributing securities and providing misleading information to compliance
Dwight Victor Spaetgens has been banned for 15 years and must pay an administrative penalty of $40,000 and $65,000 for the regulator’s costs
Sasha Jacob has also been suspended from acting in the capacity of “ultimate designated person” for three years for failing to oversee the activities and individuals at the firm
U.S. regulators seek to sanction executives for alleged participation in a referral hiring program that violated anti-bribery law
The schemes involved illegal distributions and multiple acts of fraud totalling close to $12 million as the sisters were personally enriched by more than $2 million
Brian McCullough accepted a large monetary gift from an elderly client without telling his firm and didn’t inform the firm when he was later sued in connection with the gift