IIROC

Former Dundee rep fined $200,000 Fallback Image Decorative pattern

Industry

Former Dundee rep fined $200,000

On June 4, 2012, a hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) accepted a settlement agreement between the IIROC staff and James Gwilym Jones. Jones admitted he failed to use due diligence to learn and remain informed of the essential facts relative to six clients, and failed to ensure recommendations were […]

By Staff |June 22, 2012

1 min read

Missing NB rep fined $1 million, barred Fallback Image Decorative pattern

Industry

Missing NB rep fined $1 million, barred

On March 30, 2011, an IIROC hearing panel found Darlene Catherine Ryan liable for the misappropriation of funds from five of her clients. The panel found she committed the following violations: (a) Between March 2005 and July 2010, she misappropriated, on 31 separate occasions, approximately $1.5 million from five clients, contrary to IIROC Dealer Member […]

By Staff |June 18, 2012

2 min read

IIROC CEO to chair Investor Education Forum Fallback Image Decorative pattern

Economic Indicators

IIROC CEO to chair Investor Education Forum

IIROC says its president and CEO, Susan Wolburgh Jenah, will chair the International Forum for Investor Education (IFIE)—an alliance that promotes higher standards and information sharing in financial and investor education.

By Staff |May 22, 2012

1 min read

BC rep fined $50,000 for client neglect Fallback Image Decorative pattern

Industry

BC rep fined $50,000 for client neglect

On April 25, 2012, a hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) accepted a settlement agreement between the IIROC staff and Syvert Mytting. Mytting admitted he promised to guarantee the future value of one client’s account, and then assumed a personal interest in the account. He also admitted his recommendations to […]

By Staff |May 18, 2012

2 min read