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MFDA Notice of Settlement Hearing

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Home › Notice of Settlement Hearing 201438 - RE: Kahlon, Jarnail


Notice of Settlement Hearing
File No. 201438




IN THE MATTER OF A SETTLEMENT HEARING
PURSUANT TO SECTION 24.4 OF BY-LAW NO. 1 OF
THE MUTUAL FUND DEALERS ASSOCIATION OF CANADA


Re: Jarnail S. Kahlon




NOTICE OF SETTLEMENT HEARING

NOTICE is hereby given that a hearing will be held before a hearing panel of the Central
Regional Council (the “Hearing Panel”) of the Mutual Fund Dealers Association of Canada (the
“MFDA”) in the MFDA offices located at 121 King Street West, Suite 1000, Toronto, Ontario
on February 23, 2015, at 10:00 a.m. (Eastern), or as soon thereafter as the hearing can be held, to
consider whether, pursuant to section 24.4 of By-law No. 1 of the MFDA, the Hearing Panel
should accept the settlement agreement (the “Settlement Agreement”) entered into between Staff
of the MFDA and Jarnail S. Kahlon (the “Respondent”).

The subject matter of the proposed Settlement Agreement concerns matters for which the
Respondent may be disciplined as an Approved Person of the MFDA, pursuant to ss. 20 and
24.1.1 of By-law No. 1 of the MFDA.
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PARTICULARS

1.
The Settlement Agreement concerns allegations that, between about May 2012 and
January 2014, the Respondent obtained, maintained and, in some instances, used to process
trades, 21 blank pre-signed trade forms in respect of 16 clients, contrary to MFDA Rule 2.1.1.

2.
The hearing is open to the public, unless and to the extent that the Hearing Panel
determines that all or part of the hearing should proceed in the absence of the public. If the
Hearing Panel accepts the Settlement Agreement, then copies of the decision of the Hearing
Panel and the Settlement Agreement will be made available to the public.

DATED this 19th day of December, 2014.

“Paige L. Ward”

Paige L. Ward

Corporate Secretary
Mutual Fund Dealers Association of Canada
121 King Street West, Suite 1000
Toronto, Ontario
M5H 3T9

Telephone: 416-943-5838
Facsimile: 416-361-9781
Email: corporatesecretary@mfda.ca

DM 407630 v2

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