building exterior

Enforcement Statistics

The following tables summarize enforcement cases received and handled for the period January 1 to December 31.

(a) Cases Opened (Click on table to reveal quarterly statistics)

YearTotal Cases OpenedEscalated to InvestigationEscalated to Litigation Group
20201204628
201945314587
201845812790
2017469217151
2016446164129
2015448167124
201441812752
201342611361
201247410579
20114589449
20105128943
200958211250
20084529729
200735311435
200634012422
200550210211
2004298679
2003258330
20024410

(b) Cases Closed (Click on table to reveal quarterly statistics)

YearCase AssessmentInvestigationLitigation GroupTotal
2020821024116
201931560128503
201832275139536
201724844146438
20163075489450
20152644441349
20142763859373
20133785550483
20123695555479
20113825646484
20104435544542
20094334615494
20082898522396
20073247919422
20062406614320
2005265577329
2004240331274
200314660152
2002250025

(c) Active Caseload as at March 31, 2020 (Click on table to reveal provincial statistics)

JurisdictionCase AssessmentInvestigationLitigation GroupAll Groups
Total Atlantic Region591125
Total Central Region726876216
Total Prairie Region24262676
Total Pacific Region28192067
Canada129122133384

(d) Cases in which Discipline Imposed (Click on table to reveal quarterly statistics)

YearCautionary Letter*Warning Letter*Agreement and UndertakingNotice of Hearing
20203421017
201911392078
20181141271136
2017731110121
2016861200111
20158685169
20149590048
2013138137065
201213586048
201115181036
201018169035
2009**70192231
20080225731
200702181720
20060119108
200501361814
200406021
200301100
20020000

*Each Case may result in informal discipline to one or more subjects
**Cautionary letters were introduced in July 2009

(e) Cases Opened by Type (January 1, 2020 to March 31, 2020)

TypeNumber of
cases*
Percentage
of total
Business Standards1714%
Suitability – Investments1210%
Unauthorized/Discretionary Trading108%
Pre-Signed Forms98%
Active Signature Falsification98%
Personal Financial Dealings65%
Confidentiality / Privacy65%
Forgery / Fraud / Theft / Misappropriation / Misapplication54%
Outside Activity54%
Suitability – Leveraging54%
Commissions and Fees43%
Policy & Procedures43%
Conflict of Interest32%
Books / Records / Client Reporting32%
Acting Outside Registration Status32%
Reporting Violations32%
Transfer of Accounts22%
Complaint Procedure22%
KYC Documentation Deficiency22%
Stealth Advising22%
Supervision11%
Falsification / Misrepresentation11%
Sales Communication11%
Disclosure11%
Failure to Cooperate11%
Provincial Securities Legislation11%
Excessive Trading / Churning11%
Financial Requirements11%
Total120100%

*”Type” refers to the primary allegation in the case, whether or not the alleged conduct was found to have occurred.

(f) Cases Opened by Source (January 1, 2020 to March 31, 2020)

SourceNumber of
cases
Percentage
of total
METS7461%
Public3832%
MFDA Compliance33%
Whistleblower33%
CSA and Other Regulators21%
Total120100%

(g) Cases Closed by Reason (January 1, 2020 to March 31, 2020)

ReasonNumber of
cases
Percentage
of total
No Violation Established4337%
Cautionary Letter(s) Sent3430%
Warning Letter2118%
Hearing – Settlement – Violation Established1210%
Hearing – Violation Established65%
Total116100%

(h) METS Complaint Events Reported (January 1 to December 31) (Click to Reveal Quarterly Details)

YearTotal Complaint Events Reported*
2020501
20191,327
20181,563
20171,427
20161,528

*Numbers may change as a result of updates made to the system