News Items tag as: Mutual Fund Dealers Association of Canada

Using pre-signed forms costs BC financial advisor $30,000
August 09, 2023 - 7:00 PM

A BC financial advisor is on the hook for $30,000 for using photocopied and pre-signed account forms from clients to make trades.
BC financial advisor accused of fraud, took $330K from seniors
July 22, 2023 - 6:00 PM

A BC financial advisor accused of fraud for taking $330,000 from a senior couple is still not facing criminal charges two and a half years after the regulator reported him to the police.
Scotiabank fined $1M by regulator after staff fiddled with sales numbers
December 25, 2022 - 3:30 PM

An investment firm owned by the Bank of Nova Scotia has been fined $1 million and ordered to pay $10.8 million to customers in compensation following a series of errors whereby some staff members fiddled with their sales numbers.
Merritt bank employee guilty of fraud
June 07, 2022 - 7:00 AM

A former Merritt banker has pleaded guilty to fraud.
Salmon Arm man fined after recommending mining shares to clients
September 15, 2016 - 1:00 PM

SALMON ARM - A mutual fund salesperson from Salmon Arm was slapped with a heavy fine after wrongfully recommending and selling shares for a mining company to 29 clients.
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iN RESPONSE: Readers have their say
Following are a collection of reader responses to stories or letters to the editor for the fourth week of March 2024. They have been edited slightly for readability. Got something you want to add? Send an email to editor Marshall Jone

Kelowna distillery to pay former employee $60,000 in unpaid wages
A Kelowna distillery failed in its bid to overturn a ruling that would have it pay more than $60,000 to a former employee in unpaid overtime. Forbidden Spirits appealed the decision last year, but it didn't have enough evidence to convi

Marijuana gummies send 11 New York middle-schoolers to hospitals
MORICHES, New York (AP) — Police and a middle school in suburban New York are looking into how a student got hold of marijuana gummies and gave them to about a dozen schoolmates, sending 11 of them to hospitals. The episode happened M

West Kelowna, Kamloops fall behind BC government's 'unrealistic' housing targets
Both West Kelowna and Kamloops are failing to meet the province's housing targets, and politicians at the Okanagan city are frustrated. West Kelowna built 64 net new housing units over the past six months, and the BC government expects

Using pre-signed forms costs BC financial advisor $30,000