Notice of Settlement Hearing
File No. 201417
IN THE MATTER OF A SETTLEMENT HEARING
PURSUANT TO SECTION 24.4 OF BY-LAW NO. 1 OF
THE MUTUAL FUND DEALERS ASSOCIATION OF CANADA
Re: Thomas Charles Bulloch
NOTICE OF SETTLEMENT HEARING
NOTICE is hereby given that a hearing will be held before a hearing panel of the Central
Regional Council (the “Hearing Panel”) of the Mutual Fund Dealers Association of Canada (the
“MFDA”) in the hearing room located at 121 King Street West, Suite 1000, Toronto, Ontario on
October 30, 2014, at 10:00 a.m. (Eastern), or as soon thereafter as the hearing can be held, to
consider whether, pursuant to section 24.4 of MFDA By-law No. 1, the Hearing Panel should
accept the settlement agreement (the “Settlement Agreement”) entered into between Staff of the
MFDA and Thomas Charles Bulloch (the “Respondent”).
The subject matter of the proposed Settlement Agreement concerns matters for which the
Respondent may be disciplined as an Approved Person of the MFDA, pursuant to ss. 20 and
24.1.1 of By-law No. 1 of the MFDA.
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The proposed Settlement Agreement concerns an allegation that beginning sometime in
late 2007 through to September 2011, the Respondent made referrals in respect of the sale of
approximately $7,336,181.88 [$3,576,399.44 excluding reinvestments] of investment products to
at least five (5) clients and six (6) other individuals outside the Member, for which he received
fees or compensation totaling approximately $50,274.01, contrary to MFDA Rule 2.4.2 and
sections 13.7 and 13.8 of National Instrument 31-103.
The hearing is open to the public, unless and to the extent that the Hearing Panel
determines that all or part of the hearing should proceed in the absence of the public. If the
Hearing Panel accepts the Settlement Agreement, then copies of the decision of the Hearing
Panel and the Settlement Agreement will be made available to the public.
DATED this 14th day of October, 2014.
“Paige L. Ward”
Paige L. Ward
Mutual Fund Dealers Association of Canada
121 King Street West, Suite 1000
DM 397861 v2
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