The state invoked investor protection law to shutter unregistered platforms
The accused allegedly diverted investors' funds for personal use
IIROC panel found rep secretly compensated clients, misled investigators
Perpetrator of Poseidon Concepts Corp. scheme pleads to U.S. criminal charges
In a settlement with the OSC, he agreed to pay $1.7 million for operating a successful investment club without registration
Compliance review uncovered rep's secret sideline
Proposed rules aim to address unpaid compensation to harmed investors
Appeal court found that regulator erred in two cases, but not in a third
Rule changes from 2020 enable SEC to ban frivolous filers from its tip award program
In decision, MFDA panel stresses need for sanctions that deter exploitation of vulnerable investors