No-contest settlements – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Wed, 18 Oct 2023 18:05:46 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png No-contest settlements – Investment Executive https://www.investmentexecutive.com 32 32 CFTC plans tougher stance, bigger fines https://www.investmentexecutive.com/news/from-the-regulators/cftc-plans-tougher-stance-bigger-fines/ Wed, 18 Oct 2023 18:05:46 +0000 https://www.investmentexecutive.com/?p=473567 New guidance signals larger fines, more misconduct admissions

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]]> A new era of enforcement https://www.investmentexecutive.com/newspaper_/comment-insight/a-new-era-of-enforcement/ Fri, 08 Mar 2019 20:01:00 +0000 https://www.investmentexecutive.com/?p=377758 Editorial

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]]> OSC approves no-contest settlement with IPC dealers https://www.investmentexecutive.com/news/from-the-regulators/osc-approves-no-contest-settlement-with-ipc-dealers/ Thu, 07 Jun 2018 21:10:58 +0000 https://www.investmentexecutive.com/?p=351105 The two dealers will pay slightly less than $11 million to resolve allegations that clients paid excess fees

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]]> OSC to consider no-contest settlement with IPC dealers https://www.investmentexecutive.com/news/from-the-regulators/osc-to-consider-no-contest-settlement-with-ipc-dealers/ Tue, 05 Jun 2018 18:30:37 +0000 https://www.investmentexecutive.com/?p=350991 The two dealers self-reported weaknesses in their controls which resulted in some clients paying excess fees

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]]> ASC gives green light to no-contest settlements https://www.investmentexecutive.com/news/from-the-regulators/asc-gives-green-light-to-no-contest-settlements/ Fri, 04 May 2018 19:17:23 +0000 https://www.investmentexecutive.com/?p=349976 Enforcement tool enables regulators to resolve cases more quickly

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]]> OSC approves Assante no-contest settlement https://www.investmentexecutive.com/news/from-the-regulators/osc-approves-assante-no-contest-settlement/ Thu, 21 Dec 2017 19:45:00 +0000 https://avatar.investmentexecutive.com/uncategorized/osc-approves-assante-no-contest-settlement/ Two Assante dealers to pay regulator and reimburse clients for alleged overcharging

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]]> OSC to consider no-contest settlement with Assante dealers https://www.investmentexecutive.com/news/from-the-regulators/osc-to-consider-no-contest-settlement-with-assante-dealers/ Tue, 19 Dec 2017 15:15:00 +0000 https://avatar.investmentexecutive.com/uncategorized/osc-to-consider-no-contest-settlement-with-assante-dealers/ An internal review discovered certain clients were not advised they qualified for lower-fee versions of certain mutual funds

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]]> OSC & firms focus on overcharging https://www.investmentexecutive.com/newspaper_/front-page/osc-firms-focus-on-overcharging/ Fri, 25 Aug 2017 05:00:00 +0000 https://www.investmentexecutive.com/uncategorized/osc-firms-focus-on-overcharging/ More than 250,000 clients have overpaid on fees

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]]> Manulife dealers to repay clients $11.7 million as part of no-contest settlement https://www.investmentexecutive.com/news/from-the-regulators/manulife-dealers-to-repay-clients-11-7-million-as-part-of-no-contest-settlement/ Thu, 13 Jul 2017 15:40:00 +0000 https://www.investmentexecutive.com/uncategorized/manulife-dealers-to-repay-clients-11-7-million-as-part-of-no-contest-settlement/ The dealers allegedly overcharged fee-based client accounts about $6 million and mutual fund accounts $5.7 million between 2005 and 2016

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]]> OSC to consider no-contest settlement with Manulife https://www.investmentexecutive.com/news/from-the-regulators/osc-to-consider-no-contest-settlement-with-manulife/ Tue, 11 Jul 2017 14:50:00 +0000 https://www.investmentexecutive.com/uncategorized/osc-to-consider-no-contest-settlement-with-manulife/ Two Manulife dealer subsidiaries allegedly overcharged clients in fee-based accounts between 2005 and 2016

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