Ignoring suitability lands representative with fine and five-year ban

By The IJ Staff | July 10 2020 02:00PM

Flash | INVESTMENT INDUSTRY REGULATORY ORGANIZATION OF CANADA (IIROC) | Disciplinary Decisions

IIROC has fined a representative who admitted that he failed to ensure the suitability of a high-risk, speculative security purchased and held in his client’s accounts.

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