fines

IIROC suspends, fines rep over trading activity

On July 20, 2015, a hearing panel of the Investment Industry Regulatory Organization of Canada accepted a settlement agreement, with sanctions, between IIROC staff and Zhenyu Li.

By Staff |July 28, 2015

1 min read

Industry

British authorities investigate KPMG

The British Financial Reporting Counsel is investigating KPMG for its audit work at Bank of New York Mellon, reports Reuters.

By Staff |June 23, 2015

1 min read

Industry

MFDA hands down $5,000 fine

On April 17, 2015, a settlement hearing was held in Vancouver before a three-person panel of the Pacific Regional Council of the MFDA.

By Staff |April 22, 2015

2 min read

Industry

Should the rich face harsher fines?

One Finnish businessman was recently fined €54,000. Why? Because he was driving 15 miles per hour over the speed limit. Indeed, in Finland fines for speeding, shoplifting and violating securities law are determined based on a taxpayer’s income, reports The Atlantic. For instance, in the above case, the police officer would’ve checked a database to […]

March 13, 2015

1 min read