MFDA

Alberta rep fined $200,000 for swindling clients Fallback Image Decorative pattern

Industry

Alberta rep fined $200,000 for swindling clients

A disciplinary hearing in the matter of Russell Brower-Berkhoven was held today in Alberta before a three-person hearing panel of the MFDA’s Prairie Regional Council. Brown was registered in British Columbia as a mutual fund salesperson with Sterling Mutuals Inc. from November 2006 to December 2006, and from November 2007 to November 2009. He was […]

By Staff |August 29, 2012

2 min read

Ex-MFDA rep fined $500,000 for client abuse Fallback Image Decorative pattern

Industry

Ex-MFDA rep fined $500,000 for client abuse

Two Ontario fund reps fined and barred from trading for client abuse.

By Staff |August 28, 2012

3 min read

Former IAIG dealer fined $20,000 Fallback Image Decorative pattern

Industry

Former IAIG dealer fined $20,000

A settlement hearing in the matter of Michel Joseph Landry was held today in Toronto, Ontario before a hearing panel of the MFDA’s Central Regional Council. Landry was previously employed as an alternate compliance officer, shareholder and dealing representative with Independent Accountants Investment Group. He voluntarily resigned in January 2012. Read: Compliance failure costs IAIG […]

By Staff |August 23, 2012

1 min read

Former IPC rep to pay $35,000 Fallback Image Decorative pattern

Industry

Former IPC rep to pay $35,000

A hearing panel of the Central Regional Council of the MFDA has issued Reasons for Decision, in connection with the disciplinary on June 1, 2012 in the matter of Jeffrey Murray Willis. Willis was registered in Ontario as a mutual fund salesperson with IPC Investment Corporation from August 6, 1999 to May 31, 2009, and […]

By Staff |July 13, 2012

1 min read