Autonomy of investment teams and the focus on achieving results by individual portfolios inhibited sound risk management culture
Half the penalties will be paid into the Education and Good Governance Fund
Deutsche Bank Securities, Coventree dispute allegations by regulators
CP market fell over 8% in 2009
Goal is to enhance investor protection
Securities industry cautiously supportive
Desjardins Securities adjusts EPS forecasts for Scotia, CIBC and Laurentian
Largest penalty slapped on National Bank Financial
Settlement includes $4 million investment in financial education campaign
IIROC to review settlements with Canaccord, Credential, and Scotia Capital