A Dealer Member must conduct an internal investigation if it appears that the Dealer Member or a current or former Approved Person while employed by the Dealer Member engaged in any of the following types of activities in any jurisdiction inside or outside of Canada:
misappropriation of funds or securities,
- money laundering,
- market manipulation,
- insider trading,
- misrepresentation, or
- unauthorized trading.
- For the purpose of clause 3706(1)(viii), a misrepresentation means:
- an untrue statement of facts, or
- an omission to state a fact that is required to be stated or that is necessary to make a statement not misleading in light of the circumstances in which it was made.