Timeline announced for creation of new self-regulatory organization

The Canadian Securities Administrators has established a timeline for the creation of a new SRO, consolidating the MFDA …

INVESTMENT | November 19 2021 10:30AM
Regulator fines advisor for using pre-signed forms in his former practice

The advisor has agreed to pay a fine in the amount of $25,000 and costs of $2,500.

INVESTMENT | September 20 2021 03:37PM
Former advisor sanctioned with five-year ban and fine

He admitted to engaging in personal financial dealings with clients and circumvented FINTRAC large cash transaction repo…

INVESTMENT | April 15 2021 04:00PM
MFDA fines former advisor for photocopying signatures

The MFDA announced that it has fined a former advisor $12,500 plus costs after he admitted he used photocopied signature…

INVESTMENT | August 17 2020 12:00PM
Advisor banned and fined more than $709K

A hearing panel of the Mutual Fund Dealers Association of Canada has permanently banned a former advisor and fined him $…

INVESTMENT | June 17 2020 12:30PM
Multiple advisors fined for using pre-signed forms

The MFDA has approved settlement agreements in two cases and issued it reasons for decision in a third case where adviso…

INVESTMENT | December 13 2019 01:02PM
Former advisor fined $15K for forging client signatures

A former fund sales person has been fined just $15,000 plus costs of $2,500 after it was discovered that he signed the s…

INVESTMENT | December 05 2019 10:17AM