A former advisor from Waterloo has been sentenced to 4 years in prison.
A 50-year-old man from Toronto has been arrested and charged.
Formula One driver Pastor Maldonado denied any involvement in a currency exchange scandal that has implicated motorsports athletes from his native Venezuela.
The OSC wants to close more cases, raise fines and ban more respondents.
Ohio resident Bridgette Jones will go to jail for five years and a month after filing false tax returns worth more than $650,000, reports Cincinnati.com.
External safeguards do less than advisors think
Financial scams are as common as ever, and many Americans can’t spot the red flags, according to a FINRA Foundation survey.
The Securities and Exchange Commission has charged two former traders at JPMorgan Chase & Co. with fraudulently overvaluing investments in order to hide massive losses in a portfolio they managed.
Paul S. Kruse, 60, of Jacksonville, Florida, was sentenced to prison.
The Securities and Exchange Commission has obtained an emergency court order to halt a hedge fund investment scheme by a former Marine living in the Chicago area who has been masquerading as a successful trader to defraud fellow veterans, current military, and other investors.