FREE Membership Sign in

JavaScript is disabled in your browser.

In order visualise this page, please follow these steps.

MFDA bans, fines former fund rep $150K

By The IJ Staff | Oct. 29, 2019, 9:42 a.m.

The Mutual Fund Dealers Association of Canada has permanently banned a former mutual fund salesperson and has ordered him to pay $155,000 in fines and costs.

This article is reserved to PRO Level subscribers

Discover the PRO Level

The most popular in Investment

New self-regulatory organization appoints investor advisory panel

Regulator levies $10,000 fine for signature falsification

Former Manulife chief counsel joins association advisory board

Headlines

Full year mutual fund and exchange traded fund statistics published for 2022

Academic medical centre to serve as Manulife’s new medical director

Ontario regulator strikes auto reform advisory committee

Related topics …

Flash

Full year mutual fund and exchange traded fund statistics published for 2022

Ontario regulator strikes auto reform advisory committee

Foresters Canada president announces retirement

Association continues lobbying provinces ahead of provincial budget releases

Mutual Funds

Full year fund sales decline

Mutual fund redemptions continue

Regulators begin review of principal distributor arrangements in mutual funds

Fund salesperson banned for outside activities

Investments

Mutual fund net redemptions continue

Insurance regulators publish consultation paper on seg fund compensation

Mutual fund redemptions continue in July

TD Asset Management introduces Carbon credit index exchange traded fund

Life Insurance

Cost of employer medical benefits forecast to rise 7.5 per cent in 2023

Sun Life employees gain expanded benefits

Employment Insurance sickness benefit period increasing

Study examines pharmaceutical access and use among the insured and uninsured

STERLING MUTUALS

Regulator bans mutual fund rep, fines him $750,000 plus costs

Stealth advising relationship ends in sanctions

Former rep banned

MFDA fines fund rep for conducting outside business activities

MUTUAL FUND DEALERS ASSOCIATION OF CANADA (MFDA)

New self-regulatory organization appoints investor advisory panel

Regulator levies $10,000 fine for signature falsification

Financial advisor banned for 30 months and fined $20,000

New self-regulatory organization launches officially

Investment

Insurance association submits budget recommendations to Alberta

BrokerLink announces its last acquisition of 2022

Desjardins to acquire stake in Canadian insurer

Institutional investors express concerns about stagflation in Natixis survey

Disciplinary Decisions

Investment dealer fined by British Columbia regulator

British Columbia regulator levies $200,000 fine for insider trading

Agent sanctioned for failing to report errors and omissions insurance lapse

MFDA bans, fines former fund rep $150K

Choose your payment method

Confirmation