Order

WHEREAS all references to Paul Christopher Heide in this proceeding shall be changed to Christopher Paul Heide (known as Paul Heide);

AND WHEREAS on December 3, 2018, the Mutual Fund Dealers Association of Canada (the “MFDA”) issued a Notice of Settlement Hearing pursuant to section 24.4 of By-law No. 1 in respect of Christopher Paul Heide (known as Paul Heide) (the “Respondent”);

AND WHEREAS the Respondent entered into a settlement agreement with Staff of the MFDA, dated December 3, 2018 (the “Settlement Agreement”), in which the Respondent agreed to a proposed settlement of matters for which the Respondent could be disciplined pursuant to ss. 20 and 24.1 of By-law No. 1;

AND WHEREAS the Hearing Panel is of the opinion that the Respondent:

1. between February 2015 and September 2016, photocopied signature pages from account forms that had been signed by clients and re-used the signature pages to complete 20 additional forms in respect of seven clients, contrary to MFDA Rule 2.1.1.

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

1. 1. The Respondent shall pay a fine in the amount of $15,000 in certified funds pursuant to section 24.1.1(b) of By-law No. 1;
   2. The Respondent shall pay costs in the amount of $2,500 in certified funds pursuant to section 24.2 of By-law No. 1;
   3. The payment by the Respondent of the fine and costs described above in paragraphs 1 and 2 shall be made to and received by MFDA Staff in certified funds as follows:
      1. $2,500 (Costs) upon acceptance of the Settlement Agreement by the Hearing Panel;
      2. $5,000 (Fine) upon acceptance of the Settlement Agreement by the Hearing Panel;
      3. $4,000 (Fine) on or before March 29, 2019;
      4. $3,000 (Fine)  on or before April 30, 2019;
      5. $3,000 (Fine) on or before May 31, 2019.
   4. The Respondent shall in the future comply with MFDA Rules 2.1.1; and
   5. 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.