Rep sanctioned after more than 3,000 pre-signed forms recovered

A hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) has accepted a settlement agreement with Marni Gay Harvey, currently a registered representative with Wellington-Altus Private Wealth Inc., after her former firm recovered more than 3,000 pre-signed forms from the Hunter Financial Group, a financial team within Scotia Capital Inc., operating out of Scotia’s Saskatoon branch.

In the settlement agreement, Harvey agreed to pay a fine in the amount of $50,000 and costs in the amount of $5,000. In her current role at Wellington-Altus, Harvey is presently working under strict supervision.

According to the IIROC settlement agreement, Scotia Capital received information that the Hunter Group had been using pre-signed forms in February 2021. The company seized approximately 3,000 pre-signed forms after attending the branch. Most were not dated. The Hunter Group consisted of three investment advisors and four associates serving approximately 869 clients. 

First registered with Scotia in January 2012, Harvey personally signed 503 of the recovered forms, most of which were stored for use in bankers boxes, kept in an empty cubicle.