Pan-Canadian regulator says expanded rules allow for enhanced market monitoring and better investor protection
Regulator sanctions firm for failure to supervise former investment advisor who unduly relied on accountant for KYC information
Amendments affecting all registered firms, including IIROC and MFDA registrants, to come into force on December 31
Former Calgary investment advisor had lost $3 million over five years, and borrowed $95k from a client that was never repaid
Self-regulator underscores remedial measures, senior protection, and expanded toolkit in latest enforcement report
CEO highlights disconnect in the market and explains portfolio moves as he repositions for remainder of the year
Alleged breaches include acting as client’s power of attorney for personal care and having his spouse named as beneficiary to will
President and CEO Ian Russell points to 'game-changer' technology advances as crucial factor behind revenue and asset increases
Rep also did not inform his firm of clients' involvement in business that ultimately hit the skids
IIROC's Senior VP of Member Regulation and Strategy highlights continuing efforts to promote cyber security among its members
