Oliver Folkard, Rupert Folkard and Joseph Goldfinger allegedly defrauded Toronto area investors of approximately $187,000 during the past two years
The New Jersey man was convicted of stealing millions of dollars from several clients
Although there were more cases brought in 2015, fewer regulatory proceedings were concluded during the past year, a new OSC report states
The suspension follows an OSC decision banning Paul Azeff and Korin Bobrow
Canadian regulators levied much more in monetary penalties and ordered more disgorgement and compensation in 2015
Illegal distribution cases remain the biggest issue for regulators
The former head of Crucible Capital has been banned from the industry
The investor compensation represents the largest amount in an Ontario Securities Commission no-contest settlement since the process was introduced
The firm was fined a penalty of $75,000 and charged costs of $15,000 resulting from the inappropriate trading of leveraged ETFs
Conrad Eagan was found to have stolen about $3.5 million from former clients. He faces criminal charges, civil lawsuits and other investigations