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Order

Re:

Order

Order
File No. 200602



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

RE: SHAWN SANDINK



ORDER


WHEREAS
on April 19, 2006, 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 Shawn Sandink (the
“Respondent”);

AND WHEREAS the first appearance in this hearing was held before a Hearing
Panel of the Ontario Regional Council of the MFDA (the “Hearing Panel”) on June 2,
2006 and thereafter the hearing was adjourned to June 22, 2006;

AND WHEREAS on June 22, 2005 the Hearing Panel conducted a hearing of the
matters as described in the Notice of Hearing;

AND WHEREAS in the opinion of the Hearing Panel, the Respondent has failed
to comply with the provisions of MFDA Rule 2.1.1 as set out in Allegation No. 1 in the
Notice of Hearing.

Page 1 of 2

IT IS HEREBY ORDERED THAT:

1.
The following penalties be imposed upon the Respondent:

(a)
Pursuant to s. 24.1.1 of By-law No. 1, a permanent prohibition on the
authority of the Respondent to engage in any securities related business in
any capacity;

(b)
Pursuant to s. 24.1.1 of By-law No. 1, a fine in the amount of $35,000.00;
and

2.
Pursuant to s. 24.2 of By-law No. 1, costs of the proceedings in the amount of
$2,500.00.

DATED at Toronto this 19th day of July, 2006.

Per: “Fred Kaufman”

The Hon. Fred Kaufman, C.M., Q.C., Chair

Per: “Paul Griffin”

Paul Griffin, Industry Representative

Per: “Robert Hovianseian”

Robert Hovianseian, Industry Representative

Doc 86109