The Ontario Securities Commission (OSC) has issued a temporary cease trade order against Adam Joseph Arquette and his company, Arquette Insurance and Wealth Management (AIWM), following allegations of possible securities law violations involving unregistered trading and advising, as well as suspected fraud.

The regulator stated that neither Marquette nor AIWM is registered with the OSC and therefore is not authorized to engage in securities trading or advisory activities in Ontario. The order immediately prohibits both parties from conducting further trading in securities while the investigation continues.

The move underscores the OSC’s ongoing efforts to safeguard investors from unlicensed operators who may attempt to market investment products under the guise of insurance or wealth man

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