IIROC

IIROC rep suspended, fined $30,000 over supervisory failures

On December 5, 2016, a hearing panel of the Investment Industry Regulatory Organization of Canada accepted a settlement agreement, with sanctions, between IIROC staff and Walter Nick Silicz.

By Staff |December 15, 2016

1 min read

IIROC rep fined over unauthorized activities

On November 16, 2016, a hearing panel of the Investment Industry Regulatory Organization of Canada accepted a settlement agreement, with sanctions, between IIROC staff and Paul Wayne Lynch.

By Staff |December 9, 2016

1 min read

Examining IIROC’s guidance on order execution discount brokers

When is a tool not just a tool? When it’s a recommendation. In November, IIROC published proposed guidance for order-execution only (OEO) services, or online discount brokers that take advantage of the OEO suitability exemption. What’s the exemption? When one of these services accepts an order without providing a recommendation to the client, the broker […]

December 9, 2016

4 min read

IIROC rep banned, fined $275,000

Following a disciplinary hearing held on October 27, 2016, in Toronto, Ontario, a hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) found that Jeffrey Edward Gebert committed three violations.

By Staff |December 8, 2016

2 min read