Issues include trial by jury for securities offences and treatment of monetary penalties
Two involved in the scheme received conditional sentences while another two will be sentenced later this summer
Measure will further streamline enforcement processes
Although no clients lost money because of the advisor’s recommendations, an IIROC hearing panel said conflicts cannot be tolerated
An MFDA hearing panel says the full penalty matches the seriousness of the allegations, which were theft and borrowing from clients
Carla-Marie Aksomitis was found to have stolen approximately $119,000 from a total of 29 clients with Royal Mutual Funds and Royal Bank of Canada
Son tipped father ahead of merger deals, OSC alleges
Appeal of OSC decision that found fund managers “committed multiple breaches of their fiduciary obligations” was dismissed
An MFDA hearing panel announced a $7-million fine for Dianne Stuart and a $1-million fine for Howard Stuart
Stephens, Inc. fined US$900,000