Order

WHEREAS on December 2, 2020, the Mutual Fund Dealers Association of Canada (the “MFDA”) issued a Notice of Hearing pursuant to section 20 of MFDA By-law No. 1 in respect of Zanecia Ramjohn (the “Respondent”);

AND WHEREAS the Respondent entered into a settlement agreement with Staff of the MFDA, April 25, 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 the Hearing Panel is of the opinion that:

1. between December 10, 2015 and November 8, 2018, the Respondent obtained, possessed used to process transactions, 9 pre-signed account forms in respect of 6 clients, contrary to MFDA Rule 2.1.1; and
2. between September 9, 2015 and October 28, 2018, the Respondent altered and used to process transactions 43 account forms in respect of 20 clients, by altering information on the account forms without having the clients initial the alterations, contrary to MFDA Rule 2.1.1.

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

1. the Respondent shall pay a fine in the amount of $2,500 in certified funds upon acceptance of the Settlement Agreement, pursuant to section 24.1.1(b) of MFDA By-law No.1;
2. the Respondent shall be shall be prohibited from conducting securities related business in any capacity while in the employ of or associated with any Member of the MFDA for a period of 3 months from the date the Settlement Agreement is accepted by the Hearing Panel, pursuant to section 24.1.1(e) of MFDA By-law No.1;
3. the Respondent shall successfully complete the IFSE Ethics and Professional Conduct (EPC) course offered by The Investment Funds Institute of Canada within one year from the date of the acceptance of the Settlement Agreement by the Hearing Panel, pursuant to section 24.1.1(f) of MFDA By-law No. 1;
4. the Respondent shall pay costs in the amount of $2,500 in certified funds upon acceptance of the Settlement Agreement, pursuant to section 24.2 of MFDA By-law No.1;
5. the Respondent shall in the future comply with MFDA Rule 2.1.1; 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.