News Formal

Investment regulator imposed $14M in enforcement penalties in latest fiscal year

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 25 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 50%

Business ニュース

Economy,Politics

Canada’s investment product regulator says it imposed more than $14 million in fines and other financial enforcements in its last fiscal year.

The Canadian PressThe S&P TSX composite index screen at the TMX Market Centre in Toronto is photographed on Friday, Nov.11, 2022.

The Canadian Investment Regulatory Organization says the total also includes imposed costs and the forced return of ill-gotten profits. Enforcement efforts included a $2 million fine against Fortrade Canada for recommending a high-risk product to unsophisticated retail clients, and a $1.7 million fine and permanent ban on securities-related business against Paul Walker for a range of misconduct including soliciting more than $1.5 million in investments for an outside business activity.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 83. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Canada’s investment product regulator imposed $14-million in enforcement penalties in latest fiscal yearThe Canadian Investment Regulatory Organization says the total also includes imposed costs and the forced return of ill-gotten profits
ソース: globebusiness - 🏆 31. / 66 続きを読む »