Desjardins subsidiary ordered to pay $1 million penalty

Ruling follows an agreement with the Autorité des marchés financiers.

LIFE INSURANCE | January 14 2021 01:00PM
Former advisor fined and banned

The MFDA has banned a former representative for five years and imposed a fine of $15,000 plus costs.

INVESTMENT | January 13 2021 09:30AM
Advisor fined $16,000

An advisor was fined $16,000 plus a specialty penalty after changing pre-signed account firms.

INVESTMENT | January 12 2021 02:54PM
Former agent banned for premium payment scheme

A regulator has published an intended decision, banning a former licensee from applying for any insurance license for fi…

LIFE INSURANCE | January 11 2021 03:07PM
Saskatchewan life agent fined

A life insurance agent must pay fines and costs after it was found that he borrowed money from his assistant under false…

LIFE INSURANCE | January 07 2021 03:21PM
Ontario advisor permanently banned

Both MFDA and IIROC make allegations against advisor.

INVESTMENT | January 07 2021 09:30AM
Fund company fined after failing to maintain certain level of capital

Fund company ordered to pay fine for failing to maintain capital level.

INVESTMENT | January 04 2021 10:45AM