The regulator has charged 13 firms for abusive ADR practices, generating settlements of more than $427 million
The firm had been in early warning over its capital position since June
The firm settled the case without admitting or denying the allegations
Allegations include defrauding investors and manipulating token prices
Five companies and four people charged
Investment banker alleged to have profited from knowledge about a planned acquisition
IIROC and MFDA advisors could lose their licence if they act as an executor and/or beneficiary
Referral cases more than doubled from 2018 to 2019
The MFDA banned a different rep for the same offence last week
The SRO announced plans in April to introduce a minor contravention program