An Alberta Securities Commission (ASC) panel has sanctioned a former exempt market dealer for fraud. The regulator ordered Jason Michael Currey to pay a $200,000 administrative penalty and $25,000 in costs of the investigation and hearing, and to remit more than $120,000 in misappropriated funds. Currey, along with the Healthy Retirement Group Inc. (HRG), Sunset […]
53% are taking steps to protect themselves, including managing social media account settings.
Offering third-party referrals to clients is generous and helps bolster your value
A British Columbia Securities Commission panel has fined and permanently banned Lynne Rae Nickford (also known as Lynne Rae Zlotnik) from B.C.’s capital markets for fraud. Nickford is a former registrant and longtime industry professional, says the decision. In August 2017 the panel found that Nickford convinced 13 investors to loan money to or invest […]
Equifax Canada is making spokespeople available as it tries to restore trust
When it comes to whistleblowers, the OSC wants to make clear that in-house counsel aren’t eligible for rewards. Read: How to blow the whistle The commission has published a proposed change to its whistleblower program, with a 60-day comment period. The whistleblower program already excludes those who obtained information while providing legal services to the […]
The SEC says in a release that it has obtained an emergency asset freeze to halt an initial coin offering fraud that raised up to US$15 million from thousands of investors since August. The offering falsely promised a 1,354% profit, says the SEC. The commission has filed charges against “a recidivist Quebec securities law violator,” […]
The Financial Consumer Agency of Canada (FCAC) recommends ordering credit reports at least once per year
Here are some tips to help protect clients.
Binary options take the form of a wager in which investors bet on the performance of an underlying asset, often a currency, commodity, stock index or share.