An Investment Industry Regulatory Organization of Canada (IIROC) hearing panel has accepted a settlement with Scotia Capital Inc. that will see the firm pay $175,000 after admitting it failed to properly supervise Krishna Sammy, a former portfolio manager with DWM Securities Inc., whose misconduct cost the firm $3.57 million in client restitution.

Read full article here.

James Langton – Investment Executive – February 22, 2017.

Want More Investigative Content?


Please enter your comment!
Please enter your name here