Illegal distribution of securities raised $110 million
Canada’s multi-jurisdictional regulatory system makes it difficult to determine the possible scope of criminal infiltration
IIROC panel imposes one-year ban
IIROC panel finds two Canaccord Genuity reps solicited investments in a private placement without the knowledge of their firm
U.S. regulator issues warnings on social media
Basi fined $100,000
Harding suspended for making unauthorized purchases and recommending unsuitable transactions
An OSC panel imposed only $250,000 in costs, far less than the $1.5 million commission staff sought
Scammell and de Beer raised funds from investors in five provinces and one state
Silvaggio admits to misappropriating client funds