CIRO Sanctions RBC DS For Failing To Supervise Futures Trading Of Two Representatives

Canadian Investment Regulatory Organization:

• CANADIAN INVESTMENT REGULATORY ORGANIZATION: ACCEPTED SETTLEMENT AGREEMENT, WITH SANCTIONS, BETWEEN ENFORCEMENT STAFF & RBC DOMINION SECURITIES

• CIRO: RBC DS ADMITTED IT FAILED TO SUPERVISE FUTURES TRADING ACTIVITIES OF TWO REGISTERED REPRESENTATIVES

• CIRO: RBC DS AGREED TO PAY FINE OF $1.5 MILLION, DISGORGEMENT OF $1.8 MILLION COSTS OF $100,000