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Order

Re:

Order


Order
File No. 200808




IN THE MATTER OF A SETTLEMENT HEARING
PURSUANT TO SECTION 24.4 OF MFDA BY-LAW NO. 1
OF THE MUTUAL FUND DEALERS ASSOCIATION OF CANADA

Re: Ronald Lindsay Brown


ORDER

WHEREAS on November 18, 2008, the Hearing Panel made an Order setting a
schedule for the continuation of the disciplinary proceeding against Ronald Lindsay
Brown (the “Respondent”);
AND WHEREAS pursuant to the November 18, 2008 Order, this proceeding was
scheduled to be heard on its merits on February 5-6, 2009 and would continue if
necessary on February 11-13, 2009 and Staff of the MFDA was required to serve and file
affidavits and written submissions with respect to allegations of misconduct that Staff of
the MFDA propose to rely on at the hearing on the merits on or before January 16, 2009;
AND WHEREAS Staff of the MFDA brought a motion in writing dated
January 8, 2009 to vary the November 18, 2008 Order to extend the deadline for service
and filing of affidavits and written submissions that Staff of the MFDA intends to rely
upon at the hearing on the merits until Wednesday, January 21, 2009;
AND WHEREAS on Friday, January 9, 2009, the Respondent resigned and is no
longer an Approved Person of a Member of the MFDA;
AND WHEREAS on Friday, January 9, 2009, the Respondent brought a motion
in writing requesting that all additional steps to be taken in respect of this proceeding
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including the hearing of the matter on the merits be adjourned sine die until all decisions
have been rendered and all appeals have been exhausted in the matter between Stephen
Taub v. Investment Dealers Association of Canada, and Ontario Securities Commission;
AND WHEREAS Staff of the MFDA consent to the relief requested by the
Respondent;
IT IS HEREBY ORDERED THAT:
1.
All additional steps to be taken in respect of this proceeding including the hearing
of the matter on the merits and other steps addressed in the November 18, 2008
Order are adjourned sine die until all decisions have been rendered by the courts
and all further rights of appeal have been exhausted in the matter between Stephen
Taub v. Investment Dealers Association of Canada, and Ontario Securities
Commission;
2.
This proceeding can resume in the future on a minimum of 15 days notice.

DATED at Toronto, Ontario this 15th day of January, 2009.
Per: “Thomas J. Lockwood”

Thomas J. Lockwood, Q.C., Chair
Per: “Sandy Grant”

Sandy Grant, Industry Representative
Per: “Christopher Marrese”

Christopher Marrese, Industry Representative

Doc #161559
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