IPC Securities Corporation admitted that it failed to conduct strict supervision of a Registered Representative pursuant to an acknowledgement and consent provided to IIROC.
Financial wrongdoers beware: if IIROC has its way, there will soon be less room to hide.
On May 25, 2016, a hearing panel of the Investment Industry Regulatory Organization of Canada accepted a settlement agreement, with sanctions, between IIROC staff and Robert Graydon Oldfield.
01 CSA’s 2015 enforcement report CSA’s 2015 enforcement report, published in February, reveals actions resulting in more than $138 million in fines and administrative penalties—more than double the 2014 amount (about $58 million), and almost quadruple the 2013 amount (about $35 million). Illegal distributions continue to be the most common category (50% of concluded cases […]
On October 13, 2015, an IIROC hearing panel accepted a settlement agreement, with sanctions, between IIROC staff and Assante Capital Management Ltd.
IIROC wants clearer authority to collect fines across the country.
ITG and its affiliate, AlterNet Securities, have agreed to pay US$20.3 million to settle SEC charges that they operated a secret trading desk and misused dark pool subscribers’ confidential trading information.
On July 20, 2015, a hearing panel of the Investment Industry Regulatory Organization of Canada accepted a settlement agreement, with sanctions, between IIROC staff and Zhenyu Li.
The British Financial Reporting Counsel is investigating KPMG for its audit work at Bank of New York Mellon, reports Reuters.
On April 17, 2015, a settlement hearing was held in Vancouver before a three-person panel of the Pacific Regional Council of the MFDA.