IN THE MATTER OF A DISCIPLINARY HEARING PURSUANT TO SECTIONS 20 AND 24 OF BY-LAW NO. 1 OF THE MUTUAL FUND DEALERS ASSOCIATION OF CANADA
Paul Singh Gill
NOTICE is hereby given that a first appearance will take place by teleconference before a hearing panel of the Pacific Regional Council (the “Hearing Panel”) of the Mutual Fund Dealers Association of Canada (the “MFDA”) at the MFDA offices located at 650 West Georgia Street, Suite 1220, Vancouver, British Columbia on September 13, 2017, at 10:00 a.m. (Pacific) or as soon thereafter as the hearing can be held, concerning a disciplinary proceeding commenced by the MFDA against Paul Singh Gill (the “Respondent”). The Hearing on the Merits will take place in Vancouver, British Columbia at a time and venue to be announced.
DATED: Jul 19, 2017
Director of Regional Councils
Mutual Fund Dealers Association of Canada
121 King St. West, Suite 1000
Toronto, ON M5H 3T9
NOTICE is further given that the MFDA alleges the following violations of the By-laws, Rules or Policies of the MFDA:
Allegation #1: On December 19, 2015, the Respondent falsified the signatures of three clients on two Know-Your-Client forms and on one account form, contrary to MFDA Rule 2.1.1.
Allegation #2: On December 19, 2015, the Respondent failed to use due diligence to learn the essential facts of the client when he completed the information on two Know-Your-Client forms without having met or discussed the information with the clients, contrary to MFDA Rule 2.2.1 and 2.1.1.
Allegation #3: On December 19, 2015, the Respondent falsely represented to his branch manager that he had contacted clients and obtained their signatures on account forms, when he knew this to be incorrect, contrary to MFDA Rule 2.1.1.