IIROC

UMIR lapse results in $30,000 fine Fallback Image Decorative pattern

Industry

UMIR lapse results in $30,000 fine

A hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) accepted a settlement agreement between the IIROC staff and William Geddes.

By Staff |March 15, 2012

1 min read

IIROC fines Pope & Co. $30,000 Fallback Image Decorative pattern

Industry

IIROC fines Pope & Co. $30,000

IIROC has revealed that on February 28, 2012, a hearing panel accepted a settlement agreement between IIROC staff and Pope & Company Limited.

By Staff |March 15, 2012

1 min read

Advisor fined $150,000 for misappropriation Fallback Image Decorative pattern

Industry

Advisor fined $150,000 for misappropriation

Misapproriation was just the start; add in taking instructions from an unauthorized third party and providing false documentation and you get banned for life and a $150,000 fine.

By Staff |March 13, 2012

2 min read

Court approves distribution of ABCP funds Fallback Image Decorative pattern

Industry

Court approves distribution of ABCP funds

An Ontario court has approved a plan submitted by the OSC and IIROC to distribute funds to investors burned in the third-party Asset-Backed Commercial Paper (ABCP) fiasco that began in 2007.

By Staff |March 13, 2012

1 min read