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

Unsuitable strategies, outside business activities and misappropriation among hearing panel’s findings.

INVESTMENT | November 08 2022 03:36PM
Stealth advising relationship ends in sanctions

A former rep has been fined and banned for a period of five years.

LIFE INSURANCE | February 22 2022 10:34AM
Former rep banned

Borrowing from friends and an undisclosed consumer proposal led to the ban.

INVESTMENT | July 05 2021 10:30AM
MFDA fines fund rep for conducting outside business activities

The MFDA has fined and suspended a former dealing representative after he began selling syndicated mortgage investments …

INVESTMENT | September 28 2020 12:37PM
MFDA bans, fines former fund rep $150K

The Mutual Fund Dealers Association of Canada has permanently banned a former mutual fund salesperson and has ordered hi…

INVESTMENT | October 29 2019 09:42AM
Robo-advice won’t take off until the banks get behind it

Robo-advice will only start to take off in Canada when more of the big banks get serious about taking part in the digita…

LIFE INSURANCE | June 28 2018 07:00AM
Ross Kappele elected as Chair of The Investment Funds Institute of Canada

The Investment Funds Institute of Canada has announced that Ross Kappele, EVP & head of distribution, BMO Asset Manageme…

LIFE INSURANCE | September 11 2017 11:30AM