MFDA apply for review of MFDA Hearing Panel decision in respect of Omar Enrique Rojas Diaz - Press Release wiredprnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wiredprnews.com Daily Mail and Mail on Sunday newspapers.
James Langton
The Mutual Fund Dealers Association of Canada (MFDA) is seeking a review of a regulatory hearing panel decision, arguing that the sanctions it imposed aren’t adequate.
The Ontario Securities Commission (OSC) will hold a hearing on April 26 to consider an application brought by the MFDA, which is appealing a hearing panel decision that was delivered in January.
In its application, the MFDA argued that the sanctions that were imposed against a former rep in a disciplinary case aren’t sufficient.
The hearing panel in the case ordered that a former rep with Royal Mutual Funds Inc., Omar Enrique Rojas Diaz, be permanently banned and pay $2,500 in costs after he admitted to misappropriating $39,270 from a client’s line of credit in an agreed statement of facts.
James Langton
The Mutual Fund Dealers Association of Canada (MFDA) is seeking a review of a regulatory hearing panel decision, arguing that the sanctions it imposed aren’t adequate.
The Ontario Securities Commission (OSC) will hold a hearing on April 26 to consider an application brought by the MFDA, which is appealing a hearing panel decision that was delivered in January.
In its application, the MFDA argued that the sanctions that were imposed against a former rep in a disciplinary case aren’t sufficient.
The hearing panel in the case ordered that a former rep with Royal Mutual Funds Inc., Omar Enrique Rojas Diaz, be permanently banned and pay $2,500 in costs after he admitted to misappropriating $39,270 from a client’s line of credit in an agreed statement of facts.