The sentence, which includes other sanctions, was handed down after Sydney Klein pleaded guilty to one count of defrauding the public
The firm had discovered that some clients in fee-based accounts were also paying trailer fees as a result of problems within its systems of control and supervision
Hyun Chul Lee has been fined $150,000 for engaging in personal financial dealings with some clients and engaging in other occupations without PFSL’s knowledge and approval
US$1.3 million stolen from an 89-year-old customer’s variable annuity account
IIROC panel says former advisor made bad recommendations and engaged in unauthorized discretionary trading
Michelle Dunk, who was given jail time for alleged unregistered trading earlier this year, is now facing further charges
The settlement is as a result of allegations that Sterling failed to investigate a client complaint and supervise a couple of reps properly
Caroline Meyers has been ordered to spend two years in jail while her co-accused received an 18-month conditional sentence and permanent ban
Advisor received almost $16,000 from trades executed after client’s death
Eric Ng has also been banned from the securities industry