The SRO's proceedings constituted "an abuse of process," the tribunal says
The SRO will contact dealers that are required to participate in early January
6,000 clients were inadvertently charged $2.35 million in excess fees, a settlement agreement says
Legislative measures give the SRO the ability to collect fines and evidence
Advisor also made personal trades in a client’s account
The Regina-based rep sold DSC funds early and without authorization, IIROC alleges
In some unreviewed accounts, cash remained uninvested
He was also suspended for two years
Seven provinces have also given IIROC greater enforcement authority
Regulator has same powers as in Alberta and Quebec