The former mutual fund representative opened fake accounts to score new client bonuses from TD Bank
Ex-rep admitted to misappropriating money and undisclosed borrowing from a client
An oversight examination has uncovered just one "low-priority" issue with market surveillance
The client was repaid, but the funds used to repay the client came from a mysterious source
The proposals are out for a 60-day comment period
The offering follows a pilot program with IG Wealth and Sterling Mutuals
The SRO has warned firms against using delay tactics when a client decides to move on
The regulator handed out $3.4 million in fines last year, down from $9.3 million in 2019
Improper personal financial dealings and a failure to cooperate led to the sanctions
As ETF assets in the MFDA channel continue to grow, more firms are hopping on board