One Finnish businessman was recently fined €54,000. Why? Because he was driving 15 miles per hour over the speed limit. Indeed, in Finland fines for speeding, shoplifting and violating securities law are determined based on a taxpayer’s income, reports The Atlantic. For instance, in the above case, the police officer would’ve checked a database to […]
Canada’s communications regulator has issued its first-ever spam fine to Compu-Finder.
A settlement hearing in the matter of Jarnail S. Kahlon was held this week in Toronto.
A hearing panel of the Central Regional Council of the Mutual Fund Dealers Association of Canada has issued a Reasons for Decision document.
Paul Bilzerian has been avoiding a US$62 million SEC penalty since 1989. He says he's been wrongly penalized.
The Securities and Exchange Commission is handing out its largest penalty ever for net capital rule violations to high frequency trading firm Latour Trading.
Advisors who haven’t paid their IIROC fines or disciplinary costs will be publicly named by IIROC in a new quarterly report.
Michael Steinberg, a former top trader at SAC Capital, has been sentenced to three and a half years in prison and a $2 million fine by a federal court, the New York Times reports.
On April 15, 2014, a hearing panel of IIROC accepted a settlement agreement between IIROC staff and Toll Cross Securities Inc. ("TCSI").
Fabrice Tourre, a former Goldman Sachs Group trader, has been ordered to pay $825,000 by a U.S. judge, reports Reuters.