Effort to elevate financial compensation in criminal cases falls flat
Marex Capital Markets sanctioned in settlement with MX
U.S. authorities allege trade secrets stolen to help start rival firm
Fund investors paid front-end loads, moved into fee-based accounts sooner than expected, regulators alleged
Regulator settles for less disgorgement than usual, given inability to pay
The group will support the force's Integrated Market Enforcement Team efforts
Judge hands down sentence in insider trading case brought in 2015
Ruling follows changes in 2023 to province's pension act
Firm failed to fully investigate potentially manipulative trading by an ex-employee
Regulator found bank accounts frozen during an investigation had been depleted