The Investment Industry Regulatory Organization of Canada (IIROC) has permanently banned a Montreal broker for misrepresenting her credentials upon registration.<\/p>\n
On May 7, an IIROC hearing panel accepted a settlement sgreement, with sanctions, between IIROC staff and Nicole Arvanitakis.<\/p>\n
Ms. Arvanitakis admitted that she violated IIROC rules by misrepresenting her credentials upon registration.<\/p>\n
Arvinatakis admitted that when she was employed at at the Montreal branch of HSBC Securities (Canada) Inc. and at CIBC World Markets Inc. in 2009-10, she intentionally led IIROC and the two firms to believe, notably by means of a forgery, that she met the specific education criteria to carry on the occupation of registered representative, knowing that this was false.<\/p>\n
Arvanitakis agreed to the following penalty: a fine of $10,000; and a permanent ban. She also agreed to pay IIROC costs in the amount of $5,000.<\/p>\n","protected":false},"excerpt":{"rendered":"
Former Montreal broker misrepresented her credentials<\/p>\n","protected":false},"author":38954,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2312,2324],"tags":[2443],"yst_prominent_words":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/286178"}],"collection":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/users\/38954"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/comments?post=286178"}],"version-history":[{"count":0,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/286178\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/media?parent=286178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/categories?post=286178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/tags?post=286178"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/yst_prominent_words?post=286178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}