FREE Membership Sign in

JavaScript is disabled in your browser.

In order visualise this page, please follow these steps.

Representatives sanctioned for accepting sport and charity sponsorships

By Kate McCaffery | May 24, 2022, 9:24 a.m.

Two reps have agreed to pay a fine each of $10,000, disgorge $65,571.44 and pay costs totalling $5,000 after entering into a settlement agreement with IIROC.

This article is reserved to PRO Level subscribers

Discover the PRO Level

The most popular in Investment

Pensions continue derisking

Markets buoyed by confidence in earnings

Defined benefit pension plan membership numbers increase

Make your business shine with Visibility360!

Get a PDF version to share in your networks.

I'm interested

Headlines

Canadians open to artificial intelligence advice – even when unsound

Hurricane Debby event is the costliest in Quebec’s history

Construction insurance capacity grows while pricing remains stable

Related topics …

Flash

Canadians open to artificial intelligence advice – even when unsound

Construction insurance capacity grows while pricing remains stable

Marine insurers particularly exposed to geopolitical risks

Self-reported mental health declines among children

Mutual Funds

Quebec-based AGA partners with Saskatchewan-based mutual fund broker

Response critical of regulator’s proposed fee model

Co-operators’ mutual fund dealer begins acquiring books of business

Dealing representative sanctioned for discretionary trading

Investments

Defined benefit pension plan membership numbers increase

Pensions continue derisking

iA Financial Group reports 5% increase in net income for second quarter of 2024

Pension investment returns positive in the second quarter of 2024

Life Insurance

European cross-border medicine example touted as a solution for Canada

Canadian life application activity flat in August

Seniors least likely to have dental insurance

Ontario ministry scrutinizes preferred provider networks

INVESTMENT INDUSTRY REGULATORY ORGANIZATION OF CANADA (IIROC)

Firms, associations and reps weigh in on advisor compensation

Regulator sanctions agent twice for same infractions

Regulator orders $30,000 fine, costs and disgorgement in suitability case

Enforcement year in review unveiled by new regulator

SCOTIA BANK

Operating advice website under a pseudonym an outside business activity

Brand new dealing representative fined and suspended

Scotia Securities fined $1-million

Changing client needs could force shift in industry growth models

IA FINANCIAL GROUP

Investors concerned about major US companies’ stock performance

Economic uncertainty fails to dampen Canadian life insurers' performance

Inflation eases in a cautious climate

Markets confirm the value of long-term financial plans

Disciplinary Decisions

Continuing education lapse and lack of criminal charge disclosure warrant sanctions

Council cancels license without hearing

Life and general insurance agent assessed fines for both licenses

Six years of missing errors and omissions insurance costs agency