IIROC

IIROC announces decision for Bryan Dale Claggett

A hearing panel of the Investment Industry Regulatory Organization of Canada has found that Bryan Dale Claggett violated an IIROC rule when, without his firm’s knowledge, he attempted to settle a client complaint by paying the client money. In its decision dated April 4, 2011, the panel dismissed a second charge which alleged that Claggett […]

By Staff |April 15, 2011

1 min read

IIROC focuses on suitability, technology

The Investment Industry Regulatory Organization of Canada has released an updated Strategic Plan, aimed at investor protection, improving its use of technology and how the regulator reacts to unexpected events. “Our revised Strategic Plan will guide us in providing efficient, cost-effective regulation while responding to important changes in the industry and markets we regulate,” said […]

By Staff |April 14, 2011

2 min read

IIROC settles with Maison Placements

A hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) has accepted a settlement agreement, with sanctions, between IIROC staff and Maison Placements Canada Inc. With this agreement, Maison Placements has admitted that it failed to comply with its best price obligation, and did not adopt policies and procedures to ensure compliance with […]

By Staff |April 13, 2011

1 min read

IIROC settles with Beacon Securities

A hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) has approved a settlement agreement, with sanctions, between IIROC staff and Beacon Securities Limited. In the agreement, Beacon Securities admits to failing to comply with its best price obligation, and failing to have adequate policies and procedures in place to ensure compliance with […]

By Staff |April 8, 2011

1 min read