The fraudulent activity included overstating the company’s assets and revenue and violating securities laws, among other misdeeds
The violations in question stemmed from the mutual fund dealer’s failure to implement adequate compliance systems
The self-regulatory organization has ordered almost $2.7 million in monetary sanctions so far this year
Electrovaya to enhance disclosure and corporate governance; CEO pays penalty
The firm did not report allegations against a rep to the MFDA’s Member Event Tracking System or carry out an adequate investigation
The regulator is concerned that Bouji’s father, who has been banned, remains actively involved in the businesses
Desjardins Financial Security Services admitted to the supervisory lapses involving former rep Conrad Eagan
Won Sang Shen Cho is permanently banned from trading and purchasing securities
Draft guidance aims to help firms use clawbacks and other tools to deter misconduct in the financial industry
Thanks to new evidence, Ravindra Kumar Suppal’s fine was reduced to $50,000 from $150,000 and his suspension was reversed