Octagon Capital was suspended in 2015 after IIROC found it to be capital deficient
NSSC hands down $150,000 administrative penalty
Two individuals and a numbered company were implicated
Former Vancouver resident moved to Las Vegas after being ordered to return $21.7 million to investors
The settlement says a former director violated his firm's insider trading policy
The scheme raised US$30 million from more than 300 investors in the U.S. and Canada
U.K. regulator warns of "startling" figures
Not responding will result in a much harsher penalty
The hearing involved two clients over age 90 sold DSC funds with seven-year redemption schedules
The organization beefed up its authority in five provinces and three territories