fines

Former rep agrees to $100K fine, suspension for suitability failures

The former broker admitted to recommending unsuitable high-risk investments to multiple clients

By Staff |April 23, 2019

1 min read

BCSC issues $300K fine and permanent ban for fraud

A British Columbia Securities Commission panel has fined and permanently banned Lynne Rae Nickford (also known as Lynne Rae Zlotnik) from B.C.’s capital markets for fraud. Nickford is a former registrant and longtime industry professional, says the decision. In August 2017 the panel found that Nickford convinced 13 investors to loan money to or invest […]

By Staff |February 5, 2018

1 min read

IIROC fines rep $40K for OBA

SRO also recoups its costs of $40K

By Staff |January 31, 2018

2 min read

National Bank fined $700K for disclosure failure

The bank must pay an additional $35,000 in costs

By Staff |January 29, 2018

1 min read