Allen Samuel Mendelman has also been suspended 18 months in response to various infractions when he was an advisor with Canaccord Genuity
Michelle dunk pays $60,000 in restitution to Hockley Energy investors
The allegations against the firm and Dianne Stuart stemmed from the firm taking $6 million from clients and diverting it to other uses
Candice Graf ordered to pay $250,000 administrative penalty
The SRO is looking to expand its MOU with FSCO to include reciprocal discipline in areas such as outside business activities and borrowing from clients
The goal of the voluntary program is to speed up the resolution of enforcement cases
The changes will allow certain enforcement orders from other provincial regulators to apply right away in Nova Scotia
Fund dealers dispute liability for former advisor’s misconduct
Reciprocal enforcement of disciplinary orders is a practical way to reduce problems caused by regulatory fragmentation, but it needs to be comprehensive and automatic
The self-regulatory organization notes that John Phillip Watts failed to use sufficient due diligence to ensure investment recommendations to four clients were suitable