fines

Industry

U.S. state regulators issued more than $1B in sanctions last year

Enforcement was split roughly evenly between cases involving registered and unregistered defendants

By James Langton |September 10, 2019

2 min read

Industry

Quebec court upholds $285,000 in fines for illegal brokerage activity

Two individuals and a numbered company were implicated

By Staff |May 24, 2019

1 min read

Industry

Ireland’s central bank fines BMO for breaching licence

The €1.25 million fine was announced on Monday

By The Canadian Press |April 29, 2019

1 min read

Industry

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

fines

U.S. state regulators issued more than $1B in sanctions last year

Quebec court upholds $285,000 in fines for illegal brokerage activity

Ireland’s central bank fines BMO for breaching licence

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

BCSC issues $300K fine and permanent ban for fraud

IIROC fines rep $40K for OBA

National Bank fined $700K for disclosure failure

Former IIROC rep banned, fined $450,000

IIROC fines rep $90K for failure to address conflict and client complaint

Former MFDA rep banned, fined $75k over ‘gold strategy’