Enforcement Action

Enforcement Action: Administrative Penalty $26,000.00
Name of Entity: Laureola Advisors Inc.
Date of Action: 18/12/2015

An administrative penalty in the amount of $26,000.00 was imposed on Laureola Advisors Inc. for its contravention of section 4(1) of the Securities and Investment Business Act, 2010 for providing investment advisory services without the appropriate licence authorising it to do so, between 12th February 2013 and 27th May 2015.