|By PR Newswire||
|August 18, 2014 06:21 PM EDT||
TORONTO, Aug.18, 2014 The penalty phase of a disciplinary hearing in the matter of Bruce Ian Mawer (the "Respondent") was held today in Edmonton, Alberta before a three-member Hearing Panel of the MFDA's Prairie Regional Council.
After hearing submissions from the parties, the Hearing Panel imposed the following sanctions on the Respondent, and advised that it will issue written reasons for its decision in due course:
- a permanent prohibition on the authority of the Respondent to conduct securities related business while in the employ of or associated with any MFDA Member;
- a $50,000 fine; and
- $7,500 in costs.
The MFDA is the self-regulatory organization for Canadian mutual fund dealers, regulating the operations, standards of practice and business conduct of its 110 Members and their approximately 80,000 Approved Persons with a mandate to protect investors and the public interest. For more information about the MFDA's complaint and enforcement processes, as well as links to 'Check an Advisor' and other Investor Tools, visit the For Investors page on the MFDA website.
SOURCE Mutual Fund Dealers Association of Canada
Dec. 6, 2016 03:15 PM EST Reads: 419
Everyone knows that truly innovative companies learn as they go along, pushing boundaries in response to market changes and demands. What's more of a mystery is how to balance innovation on a fresh platform built from scratch with the legacy tech stack, product suite and customers that continue to serve as the business' foundation. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, discussed why and how ReadyTalk diverted from healthy revenue and mor...
Dec. 6, 2016 03:15 PM EST Reads: 1,624
Dec. 6, 2016 02:30 PM EST Reads: 3,311
Dec. 6, 2016 02:30 PM EST Reads: 2,191
Dec. 6, 2016 02:15 PM EST Reads: 1,730
Dec. 6, 2016 02:15 PM EST Reads: 2,238
Dec. 6, 2016 02:00 PM EST Reads: 270
Dec. 6, 2016 02:00 PM EST Reads: 628
Dec. 6, 2016 02:00 PM EST Reads: 207
Dec. 6, 2016 01:45 PM EST Reads: 1,045
Dec. 6, 2016 01:30 PM EST Reads: 2,155
Dec. 6, 2016 12:30 PM EST Reads: 2,100
Dec. 6, 2016 12:30 PM EST Reads: 1,018
Dec. 6, 2016 12:28 PM EST Reads: 232
Dec. 6, 2016 11:30 AM EST Reads: 1,024