FINRA sanctions firm for failing to make conflict of interest disclosures
Regulator has collected only $110.5 million of the almost $229 million in sanctions and costs levied
Registration suspended for six months
IIROC hearing to suspend firm scheduled for Tuesday
IIROC panel says rep recommended a structured product without fully understanding it
Leede Financial rep guaranteed a client account and placed discretionary trades
Illegal distribution of securities raised $110 million
Canada’s multi-jurisdictional regulatory system makes it difficult to determine the possible scope of criminal infiltration
IIROC panel imposes one-year ban
IIROC panel finds two Canaccord Genuity reps solicited investments in a private placement without the knowledge of their firm