A former mutual fund dealer at a TD Bank (TSX:TD) branch in Surrey has been ordered to pay more than $350,000 after admitting she took money from a senior citizen client and then failed to co-operate with a regulatory investigation.
A Canadian Investment Regulatory Organization (CIRO) hearing panel ordered Haimeng Wang to pay back $151,895 while fining her $201,000 for the misconduct.
In its hearing decision, including an agreed statement of facts dated Aug. 7, the panel also permanently banned Wang from further work in the securities industry.
It was no later than February 2020 that a 71-year-old client, identified in the decision as YW, provided Wang with their
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