A hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) has imposed its penalty against James Charles Dennis. The penalty follows the panel’s decision which found that Dennis failed to disclose certain outside business activities to his firm and its compliance staff. The penalty against Dennis includes: • A fine in the amount […]
A hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) has accepted a settlement agreement, with sanctions, between IIROC staff and Weng Lok Toh. With the agreement, Toh admits that he engaged in personal financial dealings with clients without disclosing the dealings to his firm. The penalty against Toh includes a $20,000 fine […]
A hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) has found that Roger Carl Schoer fraudulently induced clients and other individuals to invest money which he used for other purposes. In its decision, the panel imposed a penalty on Schoer which includes: • A $200,000 fine; • A permanent bar from registration […]
A hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) has fined Mark Allen Dennis more than $1 million after finding that he misappropriated a client’s money and failed to co-operate with IIROC’s investigation. In issuing its decision, the panel imposed a penalty of: • $1 million fine for the misappropriation; • $25,000 […]
A Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) has approved a Settlement Agreement, with sanctions, between IIROC staff and CIBC World Markets.
A hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) has accepted a settlement agreement, with sanctions, between IIROC staff and Randall Glen Bergh. With this agreement Bergh admits to failing to adequately perform his supervisory duties. Bergh has agreed to a penalty of a $22,000 fine and $3,000 in costs. The penalty […]
A hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) has imposed a $10,000 fine against Bryan Dale Claggett. The penalty decision follows the panel’s earlier decision, dated April 4, 2011, which found that Claggett violated an IIROC rule when, without his firm’s knowledge, he attempted to settle a client complaint by paying […]
A hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) has found that Jean-Luc Beaudoin violated IIROC rules by failing to properly supervise transactions by certain registered representatives who were under his supervision. The panel will meet at a future date to determine the appropriate penalty. The penalty hearing is open to the […]
A hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) has found that Natalie St-Amant violated IIROC rules when she failed to observe high standards of ethics and conduct relating to transactions made in her personal account and in some of her client accounts. The panel will meet at a future date to […]
A hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) has found that Harold Hee Jeen Ahn misappropriated client funds and failed to co-operate with an IIROC investigation. In issuing its decision, the panel imposed a penalty against Ahn which included a $1 million fine, a permanent ban from registering with an IIROC-regulated […]