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File No. 202122

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: Natasha Maureen Goodison

Order

(ARISING FROM SETTLEMENT HEARING ON AUGUST 23, 2021)

WHEREAS on May 18, 2021, the Mutual Fund Dealers Association of Canada (the “MFDA”) issued a Notice of Hearing pursuant to sections 20 and 24 of MFDA By-law No. 1 in respect of Natasha Maureen Goodison (aka Natasha Maureen Johal) (the “Respondent”);

AND WHEREAS the Respondent entered into a settlement agreement with Staff of the MFDA, dated August 20, 2021 (the “Settlement Agreement”), in which the Respondent agreed to a proposed settlement of matters for which the Respondent could be disciplined pursuant to sections 20 and 24.1 of MFDA By-law No. 1;

AND WHEREAS on the basis of the admissions contained in the Settlement Agreement, the Hearing Panel is of the opinion that between approximately January 2016 and April 2016, the Respondent misappropriated $7,000 obtained from one client, contrary to MFDA Rule 2.1.1;

AND WHEREAS in accordance with s. 19.9(b) of MFDA By-Law No. 1, this Hearing Panel is composed of 2 Members of the Regional Council;

 

IT IS HEREBY ORDERED THAT the Settlement Agreement is accepted, as a consequence of which:

  1. The Respondent shall be permanently prohibited from conducting securities related business in any capacity while in the employ of, or in association with, any MFDA Member, pursuant to s. 24.1.1(e) of MFDA By-law No. 1;
  2. The Respondent shall pay a fine in the amount of $7,500, pursuant to s. 24.1.1(b) of MFDA By-Law No. 1;
  3. The Respondent shall pay costs in the amount of $5,000, pursuant to s. 24.2 of MFDA By-Law No 1;
  4. The payment by the Respondent of the Fine and Costs shall be made to and received by MFDA Staff in certified funds as follows:
    1. $5,000 (Costs) upon acceptance of the Settlement Agreement by the Hearing Panel;
    2. $1,250 (Fine) on the last business day of September 2021;
    3. $1,250 (Fine) on the last business day of October 2021;
    4. $1,250 (Fine) on the last business day of November 2021;
    5. $1,250 (Fine) on the last business day of December 2021;
    6. $1,250 (Fine) on the last business day of January 2022;
    7. $1,250 (Fine) on the last business day of February 2022;
  5. If the Respondent fails to make any of the payments described above in paragraph 4, any outstanding balance of the Fine and Costs shall become immediately due and payable to the MFDA; and
  6. If at any time a non-party to this proceeding, with the exception of the bodies set out in section 23 of MFDA By-law No. 1, requests production of or access to exhibits in this proceeding that contain personal information as defined by the MFDA Privacy Policy, then the MFDA Corporate Secretary shall not provide copies of or access to the requested exhibits to the non-party without first redacting from them any and all personal information, pursuant to Rules 1.8(2) and (5) of the MFDA Rules of Procedure.

DATED: Aug 23, 2021

"Michael Carroll, Q.C."

Michael Carroll, Q.C.

Chair


"Susan Monk"

Susan Monk

Industry Representative


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