Xanthoudakis and Smith had alleged bias in OSC proceedings
Questions about proper registration concerning Daniel Sternberg, Parkwood GP and Philco Consulting were uncovered during a hedge fund sweep in 2009
Investors invited to participate
Fund names not consistent with investment objectives or investment strategies, regulator says
IAP looking for investor comments on a variety of issues including fiduciary duty and restitution
Ernst & Young to administer the return of funds to investors
Officials considering enforcement
McErlean faces fines totalling $75,000
Senior staff at SEC, OSC agree to meet regularly
Fiduciary duty for advisors, cost of mutual fund ownership highlighted in the regulator’s draft statement of priorities