Industry News

IIROC finds against Natalie St-Amant

A hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) has found that Natalie St-Amant violated IIROC rules when she failed to observe high standards of ethics and conduct relating to transactions made in her personal account and in some of her client accounts. The panel will meet at a future date to […]

By Staff |June 8, 2011

2 min read

CWT names new VP, general manager

Canadian Western Trust Company has named Matt Colpitts vice-president and general manager. Most recently, he was general manager at Valiant Trust. “I am thrilled to be joining a winning team at Canadian Western Trust,” said Colpitts. “CWT’s focus has always been to offer clients a solution-oriented and service-based approach to doing business and offering a […]

By Staff |June 8, 2011

1 min read

Fiduciary versus suitability standard

Some debates can only occur behind closed doors. It’s hard to imagine discussing the merits and faults of a system that would ensure client interests are put first, in front of clients.

By Staff |June 8, 2011

4 min read

IIROC levies $1 million fine

A hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) has found that Harold Hee Jeen Ahn misappropriated client funds and failed to co-operate with an IIROC investigation. In issuing its decision, the panel imposed a penalty against Ahn which included a $1 million fine, a permanent ban from registering with an IIROC-regulated […]

By Staff |June 8, 2011

2 min read