Regulatory

Beware of investor traps: regulators

Regulators on both sides of the border are warning investors of risky or possibly fraudulent investments promising higher yield or returns.

February 3, 2012

2 min read

Manager fined for poor oversight

IIROC finds this branch manager failed to properly supervise suspicious transactions by registered representatives who were under his supervision.

By Staff |February 2, 2012

1 min read

Insider trading costs advisor $20,000

IIROC finds broker effected trades for her own account and directly from insiders in publicly traded companies, and without the knowledge of her employer.

By Staff |February 2, 2012

2 min read

Why you don’t outsource compliance

John Derek Lane, president and CEO of Lane Capital Markets, has been sanctioned by the Financial Industry of Regulatory Authority (FINRA) for delegating all of his compliance related duties to his CCO from May 2009 to March 2010.

January 31, 2012

1 min read