Due diligence failures end in two-year ban and monetary sanctions

Strategy recommended in 2014 leaves vulnerable couple without life insurance.

LIFE INSURANCE | February 07 2023 10:52AM
Photocopying signatures constitutes falsification

Representative sanctioned for reusing signature pages and for altering client forms without obtaining client initials.

INVESTMENT | November 03 2022 10:03AM
Advisor banned for five years

He recommended that 25 clients concentrate their holdings in precious metals sector mutual funds.

INVESTMENT | July 21 2021 12:26PM
MFDA fines and bans former advisor

Among other allegations, the MFDA says she accepted a $5,000 check from a client to place in a pyramid scheme gifting pr…

INVESTMENT | May 13 2021 05:03PM
Regulator suspends branch manager for using pre-signed forms

A branch manager has been fined $12,500 under a settlement agreement. He admitted to obtaining, and in some instances us…

INVESTMENT | October 02 2019 02:00PM
Stakeholders weigh alternatives to embedded commissions ban

Canada’s regulators aren’t prepared to say yes to banning embedded commissions just yet – but they’re not prepared to sa…

HEALTH | November 23 2017 07:00AM
OSC roundtable to explore alternatives to embedded commissions ban

The Ontario Securities Commission has announced the agenda and list of panellists for its upcoming roundtable on the pos…

INVESTMENT | August 18 2017 11:30AM