Monday, March 12, 2012

Local investment advisor sanctioned

The organization that regulates security dealers in Canada is prohibiting a local investment advisor from doing business for seven years.   The Investment Industry Regulatory Organization also fined Terry Norman Dyck 20 thousand dollars following a disciplinary hearing last week relating to complaints that were received in connection with a fund he was recommending to clients.   A spokesperson for IIROC says the allegations against Dyck went unchallenged at the hearing