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
David Michaels has not paid the BCSC any of the $5.8 million he earned by bilking clients, nor has he paid the $17.5 million fine
The total sanctions imposed in 2015 increased year over year, while the collection rate fell
Vernon Smith was convicted on two counts of unregistered trading, one count of unregistered advising, and four counts of breaching OSC cease trade orders
The regulators will work together to strengthen consumer protection in Ontario
The U.S. brokerage was censured for supervisory violations relating to chronic fails to deliver by a client in multiple ETFs