Order

WHEREAS on May 30, 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 Novelette Graham-Hart (the “Respondent”);

AND WHEREAS the Respondent entered into a settlement agreement with Staff of the MFDA, dated August 10, 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, between February 18, 2014 and July 27, 2015, engaged in securities related business that was not carried on for the account and through the facilities of the Member by trading mutual funds and equity securities in the on-line discount brokerage accounts of one individual, contrary to MFDA Rules 1.1.1 and 2.1.1;

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

1. 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;

2. The Respondent shall be prohibited from conducting securities related business in any capacity while in the employ of or associated with any MFDA Member for one month, pursuant to s. 24.1.1(e) of MFDA By-law No. 1;

3. The Respondent shall pay a fine in the amount of $5,000 pursuant to section 24.1.1(b) of By-law No. 1; and

4. The Respondent shall pay costs in the amount of $2,500 pursuant to section 24.2 of By-law No. 1 upon acceptance of this Settlement Agreement.