Unsuitable investments, unauthorized trades result in penalty
Consultant agrees to pay US$6 million in scheme involving China-based companies
After returning to Canada following a long absence, the client found over 50 trades were made without any discussion or authorization
Advisor recommend and solicited investments for securities without the consent of his dealer member firm
Sanctions imposed against David De Gouveia
OSC panel found investors were misled
MFDA permanently bans Dennis Villarin
Scholarship plan dealer CEO, Issam El-Bouji, ordered to disgorge almost $2 million
Ombudsman recommended the investment firm pay over $290,000 in compensation to clients
2013 Enforcement Report shows continued focus on seniors and suitability