Order

WHEREAS on February 13, 2018, the Mutual Fund Dealers Association of Canada (the “MFDA”) issued a Notice of Hearing pursuant to sections 20 and 24 of By-law No. 1 in respect of a disciplinary proceeding commenced against Rholyn St. George Hylton (the “Respondent”);

AND WHEREAS the Respondent did not file a Reply to the Notice of Hearing;

AND WHEREAS on April 17, 2018, the first appearance in this proceeding was held before one public representative of a Regional Council acting as Chair on behalf of a hearing panel of the Central Regional Council of the MFDA (the “Hearing Panel”), pursuant to s. 19.13 of MFDA By-Law No. 1, during which time the hearing on the merits in this matter was scheduled to take place on September 13, 2018 at 10:00 am (Eastern) in the MFDA hearing room located at 121 King Street West, Suite 1000, Toronto, Ontario;

AND WHEREAS pursuant to s. 19.13 of MFDA By-Law No. 1, one public representative of a Regional Council may be designated to act on behalf of a Hearing Panel for the purpose of hearing and determining any procedural matter or motion relating to the conduct of a disciplinary hearing under sections 20 and 24 including, without limitation, granting adjournments, setting dates for hearings, and making any other orders or directions that a Hearing Panel is authorized to make under the Corporation’s rules of procedure, except a final determination of a disciplinary proceeding;

AND WHEREAS no one appeared for the Respondent, although properly notified of the appearance as to the purpose, timing and dial-in information of the appearance;

AND WHEREAS the hearing on the merits in this proceeding took place before a hearing panel of the Central Regional Council of the MFDA (the “Hearing Panel”) on September 13, 2018 at 10:00 a.m. (Eastern) in Toronto, Ontario;

AND WHEREAS no one appeared for the Respondent, although properly notified of the hearing by Staff, and the Corporate Secretary’s Office as to the purpose, timing and location of the hearing on the merits;

AND WHEREAS in the opinion of the Hearing Panel, commencing January 4, 2017, the Respondent has failed to cooperate with the MFDA’s investigation into his conduct, contrary to section 22.1 of MFDA By-law No. 1.

IT IS HEREBY ORDERED THAT:

1. the Respondent shall be permanently prohibited from conducting securities related business in any capacity while in the employ of or associated 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 $50,000 pursuant to section 24.1.1(b) of MFDA By-law No. 1;

3. the Respondent shall pay costs in the amount of $10,000, pursuant to section 24.2 of MFDA By-law No. 1; and

4. 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.