After a complaint was filed against him, Broker Ike was found guilty of a license law violation.

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After a complaint was filed against him, Broker Ike was found guilty of a license law violation. He was fined and had to pay legal fees totaling $8,900. This was paid by the Recovery Fund. What else is likely to happen to Broker Ike?

The FREC will suspend the Ike's license until the fund has been repaid in full.

The FREC can issue a citation and the Ike's license becomes involuntary inactive.

The FREC will revoke the Ike's license.

The FREC declares Ike's license null and void.

Related Book For answer-question

Industrial Relations in Canada

ISBN: 978-1118878392

4th Edition

Authors: Fiona McQuarrie

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Posted Date: Jan 17, 2023 02:23 AM

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After a complaint was filed against him, Broker Ike was found guilty of a license law violation.

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The detailed answer for the above question is provided below a The FREC will suspend the Ikes li... View the full answer

Industrial Relations in Canada

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