Royal Mutual Funds – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Mon, 09 Dec 2024 20:15:52 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Royal Mutual Funds – Investment Executive https://www.investmentexecutive.com 32 32 Ex-fund rep used online brokers with clients https://www.investmentexecutive.com/news/from-the-regulators/ex-fund-rep-used-online-brokers-with-clients/ Mon, 09 Dec 2024 20:15:52 +0000 https://www.investmentexecutive.com/?p=498196 Rep circumvented registration limits to trade wider range of securities

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]]> Royal settles the case of the missing RESP grants https://www.investmentexecutive.com/news/from-the-regulators/royal-settles-the-case-of-the-missing-resp-grants/ Wed, 23 Oct 2024 21:30:04 +0000 https://www.investmentexecutive.com/?p=495384 Firm was alerted to $1 million in missed grants by government review

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]]> CIRO alleges dealer filed RESP grants inadequately for 20 years https://www.investmentexecutive.com/news/from-the-regulators/ciro-alleges-dealer-filed-resp-grants-inadequately-for-20-years/ Mon, 19 Aug 2024 16:26:47 +0000 https://www.investmentexecutive.com/?p=491314 Settlement hearing with Royal Mutual Funds scheduled for Oct. 15

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]]> Former rep fined, banned for misappropriated client money https://www.investmentexecutive.com/news/from-the-regulators/former-rep-fined-banned-for-misappropriated-client-money/ Thu, 19 May 2022 20:20:30 +0000 https://www.investmentexecutive.com/?p=444806 MFDA alleged over $300,000 was taken through early GIC redemptions, withdrawals

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]]> Rep fined after OSC rules that regulatory panel erred https://www.investmentexecutive.com/news/from-the-regulators/rep-fined-after-osc-rules-that-regulatory-panel-erred/ Thu, 07 Oct 2021 13:24:07 +0000 https://www.investmentexecutive.com/?p=430714 The commission ordered sanctions against a former MFDA representative who misappropriated client money

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]]> Proposed fund dealer class action fails again https://www.investmentexecutive.com/news/from-the-regulators/proposed-fund-dealer-class-action-fails-again/ Thu, 12 Aug 2021 18:24:36 +0000 https://www.investmentexecutive.com/?p=426677 B.C. court dismisses appeal in "enhanced compensation" case

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]]> MFDA seeks additional sanctions in OSC review https://www.investmentexecutive.com/news/from-the-regulators/mfda-seeks-additional-sanctions-in-osc-review/ Tue, 20 Apr 2021 21:54:17 +0000 https://www.investmentexecutive.com/?p=420263 The SRO argues a hearing panel erred by failing to impose a fine against a rep who misappropriated a client's money

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]]> Court rejects class action against RBC fund dealer https://www.investmentexecutive.com/news/from-the-regulators/court-rejects-class-action-against-rbc-fund-dealer/ Wed, 25 Nov 2020 17:28:00 +0000 https://www.investmentexecutive.com/?p=411617 Case claimed extra compensation for selling in-house funds harmed investors

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]]> Royal Mutual Funds reprimanded for violating sales practices rule https://www.investmentexecutive.com/news/from-the-regulators/royal-mutual-funds-reprimanded-for-violating-sales-practices-rule/ Thu, 14 Jun 2018 14:23:31 +0000 https://www.investmentexecutive.com/?p=351402 Fund dealer paid reps 10 bps more in commissions for selling its proprietary RBC Portfolio Solutions funds

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]]> OSC to consider settlement with Royal Mutual Funds https://www.investmentexecutive.com/news/from-the-regulators/osc-to-consider-settlement-with-royal-mutual-funds/ Fri, 08 Jun 2018 21:15:07 +0000 https://www.investmentexecutive.com/?p=351160 The regulator alleges the fund dealer violated the mutual fund sales practices rule by paying reps higher commissions to sell its proprietary funds

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