CIRO survey finds investors relying on social media, ranking it as worthy as traditional advice
Fund rep could fill out basic information, but not KYC info, on investment dealer accounts
Fees to rise for most firms as minimums go up, certain dealers pay higher share
SRO proposes doubling maximum fines, toughening suspensions
Retirees duped by fake investment for almost a decade, SRO finds
Expanding access to advice, standardizing KYC data collection on SRO's agenda
Clients lost more than $1.5 million on rep's failed fintech venture
Industry divided on, investor advocates opposed to, reforms
Firm failed to adequately oversee rep's risky trading strategy, CIRO says
Terms of firm's sale weren't fully disclosed to regulators