Regulator cities recruitment, training and supervision of sales agents
Regulator believes ruling harms investors by depriving them of “substantial, certain and immediate benefits”
The Ontario regulator has suspended the registration of Blueport Capital and John Hare
Sirianni permanently banned
Delcourt and Stewart conducted their business as portfolio managers without proper registration
NHFA subsidiary sold unsuitable investments to elderly customers
The Canadian firm is still appealing the decision and fine
Penalties imposed on Phillips include a three year suspension
Sentencing makes it clear that the courts take these matters seriously, says OSC’s Atkinson