The settlement involves a $300,000 payout and multi-year bans
The scheme raised US$30 million from more than 300 investors in the U.S. and Canada
The hearing involved two clients over age 90 sold DSC funds with seven-year redemption schedules
Suitability issues remain the top complaint
Alex Tapscott also settled with the SEC, paying a $25,000 civil penalty
The firm is alleged to have misled investors with a slide presentation
SRO says new system will detect trading anomalies more quickly
Vanisha Sukdeo, a lawyer and academic, is director of policy research
OSC agrees with ASC’s decision to pull the firm’s registration
SEDAR, the National Registration Database and others would be replaced by a single system