Insurance Council of Saskatchewan levies same penalty in each case.

Mutual fund regulator’s case is ongoing.

Dissenting justice says irrational interpretation could lead to absurd consequences.

Limited experience and early admission taken into consideration by hearing panel.

Representative also permanently banned from both registration and future employment.

Mutual fund sales representative named the sole beneficiary of a vulnerable client’s estate.

Company allowed the sale of exempt products without conducting adequate due diligence.