OSC report sets out common deficiencies uncovered in compliance reviews
Suitability issues most common topic of investor complaints investigated by OBSI
Quebec City broker conducted transactions for a deceased client over several years, and impeded an IIROC investigation
Understanding risk is key to managing expectations
The firm, its CEO and chairman admit to breaching KYC and suitability obligations
IIROC panel imposes one-year ban
Proper recordkeeping of client communications is critical
There’s more to the client discovery process than checking off boxes on a KYC form
Bereskin sanctioned for inadequate due diligence
No clients suffered any financial loss as a result of Jannetta’s misconduct