Top advisor faces possibility of further discipline

Top advisor faces possibility of further discipline

Top advisor faces possibility of further discipline

A top advisor, already facing disciplinary sanctions for alleged forgery, is scheduled to appear before an IIROC hearing panel this Friday under accusations of unauthorized trading.

Mark Steven Rotstein, a former RBC Dominion Securities and Scotia Capital representative, allegedly entered trades with at least two clients in May and June of 2012 without their knowledge or consent – just two months after disciplinary sanctions were imposed against him for alleged forgery. Rotstein lost his job at RBC DS and worked under strict conditions at Scotia, as a result of IIROC’s imposition.

While employed by RBC DS, Rotstein, with help from his assistant, allegedly signed account and investment-related documents – including fee schedules, risk disclosure and acknowledgement forms, account agreements, US tax certifications, transfer authorizations and private placement subscription forms – on behalf of his clients for more than a decade up until 2011. (continued on Page 2.)


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