The firm will pay a $250,000 fine and $50,000 in costs
Regulator says company executives diverted investor funds for personal gain
Church misled investors about where their money was going
David Middendorf was convicted of wire fraud charges back in March
The derivatives regulator alleges the defendants made misleading statements in email ads and in an online trading room
Investment adviser firms were the state regulators' top targets in 2018
The pair pleaded guilty to 171 securities law violations
Deadline to file a compensation claim is Dec. 6
Options Clearing Corp. settled the case without admitting or denying the regulators' findings
After reaching settlements with TD and RBC, the OSC put other firms on notice