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
HSBC Investment Funds (Canada) and HSBC Private Wealth Services (Canada) agree to pay more than $7 million in compensation to clients
Paul Darrigo sought to appeal the ruling of liability and the penalties that were handed down by an IIROC hearing panel
The single set of rules replaces two different sets of enforcement rules for dealers and markets
Oppenheimer & Co. failed to enforce written policies
Firm agrees to pay US$1 million penalty
Issues include trial by jury for securities offences and treatment of monetary penalties