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Wealth Professional | 11 Mar 2015, 10:03 AM Agree 0
The latest example of a dealing representative getting a fine leaves many advisors wondering when the SROs bite will match its bark
  • Ken MacCoy, CHS | 11 Mar 2015, 12:35 PM Agree 0
    The MFDA's bite only matches it's bark ...when the advisor wants to remain in the industry. However, as I posted of March 3rd regarding: 'MFDA 'put the boots to Adeola' fining the respondent $250,000 & assessing costs of $10,000', something needs to be done to collect the fines for those who leave the industry. Specifically: If the MFDA is serious about their mandate, they need to get ALL provinces to follow Alberta's lead so they have a bigger bite as an SRO.
  • Will Ashworth | 12 Mar 2015, 11:25 AM Agree 0
    Well said, Ken.
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