Investors lured to invest hundreds of thousands of dollars in Ponzi scheme
Firm failed to correct deficiencies found during compliance exam
Smilestone prohibited from conducting securities related business for two years
U.S. regulator sees increase in disciplinary cases
FINRA orders Pruco Securities to pay US$10.7 million
Court finds New Life appeal ‘frivolous and vexatious’
Peter Beck and Charles Kim to pay US$500,000 civil fine
Retired client with limited investment knowledge invested in higher risk securities
Hearing and review of IIROC decision scheduled for mid-February
Firms ordered to offer investors redress