FREE Membership Sign in

JavaScript is disabled in your browser.

In order visualise this page, please follow these steps.

Mutual fund rep banned for lying

By The IJ Staff | July 27, 2020, 2 p.m.

BCSC bans mutual fund rep for providing false information.

This article is reserved to PRO Level subscribers

Discover the PRO Level

The most popular in Investment

Firms, associations and reps weigh in on advisor compensation

Regulator fines firm $300,000 for inadequate complaint handling

Regulator imposes $776,100 fine plus costs for borrowing money from clients

Make your business shine with Visibility360!

Get a PDF version to share in your networks.

I'm interested

Headlines

Insurers pushing their limits in accelerated underwriting

National Flood Insurance Program promised again in budget

Embracing artificial intelligence is crucial for industry

Related topics …

Flash

Insurers pushing their limits in accelerated underwriting

Embracing artificial intelligence is crucial for industry

BrokerLink closes three transactions

Six out of ten workers not performing to their full potential

Mutual Funds

Ontario regulator issues guidance warning consumers about decumulation products

Annual survey finds fewer investors are using advisors

Mutual fund redemptions continue in first half of 2023

May 2023 sales figures released for mutual funds and exchange-traded funds

Investments

Insurers express increased appetite for private market investments

Registered retirement savings plan contributions resume downward trend

Life insurance associations urge government to make tax changes

Seg fund deferred sales charge rules officially take effect February 14

Life Insurance

Insurers likely to benefit from adding obesity drugs to benefits coverage

Life insurance application activity picks up in March

Drug plan sponsors encouraged to set up usage guardrails for new therapies

Whole life sales drove growth in the life insurance market in 2023

BRITISH COLUMBIA SECURITIES COMMISSION (BCSC)

Securities commission collects just $69,887.85 of $8.6-million penalty

Exempt market dealer sanctioned for suitability violations

Legislative amendments give securities commission broader powers

Conflicts of interest highlighted in British Columbia compliance review

Disciplinary Decisions

Agency fined $20,000 for repeatedly allowing unlicensed activity

Mutual fund rep fined close to $1.7-million

Missing continuing education, lapsed liability insurance nets $4,000 fine

Firm fined $1.5 million for failing to supervise trading activity