IDA approves Grant Thornton as monitor
A hearing panel of the Investment Dealers Association of Canada has fined Union Securities Ltd. $25,000 for failing to enforce the use of foreign exchange rates by its employees.In a written decision released on April 8, the panel found that between November 2000 and January 2001 inclusive Union failed to establish internal controls with respect […]
Alleges U.S. promoter used firm to manipulate OTC shares
Firm allowed use of broker's reserve account to pay clients