Panel concluded that rep was participating in proceeding anonymously
Real estate deals, outside businesses and exempt market sales violated MFDA rules, panel found
Proposals would focus outside activity reporting, curb duplicate filings and enhance business title reporting
Unclear rules could deter registered individuals from actively contributing to their communities
Outside and private dealings lead to $150,000 fine
Penalties added for unauthorized outside business activity
Ontario advisor referred clients to invest in syndicated mortgages off book
One rep lived and worked in the United Sates and served clients over the phone
The former rep reached a settlement with the regulator, admitting to violating several investment industry rules
Regulator to examine whether the rules are effective in dealing with the kinds of problems they were intended to address