The Investment Industry Regulatory Organization of Canada (IIROC) announced on April 6 that Dwight Cameron Mann was found to have engaged in misleading conduct in certain client accounts.
However, an IIROC hearing panel also found that his conduct could not be characterized as fraud, as the regulator’s staff had alleged in the Notice of Hearing and Statement of Allegations. The Hearing Panel also found that Mann made an unjustified promise of specific results and failed to report a client's complaint.
A separate hearing will be held to determine the penalty to be imposed on Mann. To learn more, consult the panel’s decision, dated Feb. 25, here.
