Advance fee scheme nets $100,000 penalty
Commission will hold its own sanctions hearing
Ruling confirms that illegal trading in contracts for difference constitutes market abuse, FCA says
OSC dismisses $7.4 million disgorgement order against Medra Corp.
The SEC collected a record US$3.4 billion in penalties and other sanctions
The weight this evidence will receive in a hearing will be determined by an OSC panel
Regina rep had elderly clients with low risk tolerance invested in equities and holding a margin account
Rep failed to conduct proper due diligence of shares held in a client’s account
Financial advisor Patricia McLean has lost her bid to avoid multiple sanctions by provincial securities commissions
Firm failed to properly supervise advisors and identify accredited investors purchasing private placements