Alex Tapscott also settled with the SEC, paying a $25,000 civil penalty
U.S. derivatives regulator seeks restitution, disgorgement, and monetary penalties
Rep recommended and implemented extensive margin use for two retired clients
Firm alleged to have misled investors with a slide presentation
U.S. regulator alleges Berkley Capital Management defrauded clients of US$2.5 million
SRO aims to speed up settlements
The SRO commenced a record 136 disciplinary proceedings last year
One accused has been arrested, while another remains at large
BCSC hearing panel finds investors were defrauded of more than $1.1 million
The CFTC alleges the internet fraud generated more than US$17.8 million