Dealer failed to perform necessary due diligence, panel finds
Thomas Edward McLellan knowingly permitted an approved person who was not registered to serve the roles of an advisor
The event has been designed to assist firms with the task of due diligence, ensuring adherence to privacy rules and best practices considerations
Firm failed to maintain risk adjusted capital at a level greater than zero
Section 26 of the B.C. Securities Act does not limit SRO’s authority
“Fresh evidence” confirms hearing panel’s conclusion
Decision based on reassessment of the case
The Investment Dealers Association of Canada (IDA) today released “Due Diligence Guide on Principal-protected Notes”. The Ggide will assist investment dealers in meeting their know-your-product requirements as they relate to principal-protected notes, a market which has experienced rapid growth in Canada.The guide will assist investment dealers, their registered representatives and investors to evaluate the merits […]
Registration applicants could be exempt from the 30-day or 90-day training programs if they meet certain criteria
Two other charges not supported by evidence