{"id":286481,"date":"2012-07-27T09:20:00","date_gmt":"2012-07-27T14:20:00","guid":{"rendered":"https:\/\/www.investmentexecutive.com\/uncategorized\/ex-raymond-james-rep-sanctioned-for-unauthorized-trades\/"},"modified":"2012-07-27T09:20:00","modified_gmt":"2012-07-27T14:20:00","slug":"ex-raymond-james-rep-sanctioned-for-unauthorized-trades","status":"publish","type":"post","link":"https:\/\/www.investmentexecutive.com\/news\/from-the-regulators\/ex-raymond-james-rep-sanctioned-for-unauthorized-trades\/","title":{"rendered":"Ex Raymond James rep sanctioned for unauthorized trades"},"content":{"rendered":"

The Investment Industry Regulatory Organization of Canada (IIROC) has sanctioned a former Raymond James Ltd. advisor for unauthorized discretionary trades in a client’s account.<\/p>\n

Following a disciplinary hearing held on June 27, an IIROC panel found that from October 2007 to April 2009, Gary Beck effected discretionary trades in a client’s account, without the account being designated as such.<\/p>\n

In its decision dated, July 17, the panel imposed the following penalty on Beck:<\/p>\n