An Investment Dealer must report internal disciplinary actions to CIRO if the total amount of fines imposed on an Approved Person in a calendar year exceeds:

Question

Accepted Answer

Correct. CIRO requires reporting if the cumulative amount of internal fines against an Approved Person exceeds $15,000 in a calendar year.

An Investment Dealer must report internal disciplinary actions to CIRO if the total amount of fines imposed on an Approved Person in a calendar year exceeds:

Discussion