Notice of Settlement Hearing
File No. 201641
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: Melissa Marie Smith
NOTICE OF SETTLEMENT HEARING
NOTICE is hereby given that a hearing will be held before a hearing panel of the Atlantic
Regional Council (the “Hearing Panel”) of the Mutual Fund Dealers Association of Canada (the
“MFDA”) in the hearing room at the Nova Scotia Securities Commission, located at 5251 Duke
Street, Suite 400, Duke Tower, Halifax, Nova Scotia on October 20, 2016 at 10:00 a.m.
(Atlantic), or as soon thereafter as the matter can be heard, to consider whether, pursuant to
section 24.4 of By-law No. 1 of the MFDA, the Hearing Panel should accept the settlement
agreement (the “Settlement Agreement”) entered into between Staff of the MFDA and Melissa
Marie Smith (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 allegations that, (i) between March 2014
and February 2015, the Respondent altered and, in 17 instances, used to process transactions, 20
account forms in respect of 2 clients by using photocopies of previously signed signature pages
from other forms or altering previously used account forms, and (ii) between March 2014 and
October 2014, the Respondent obtained and possessed 1 pre-signed account form in respect of 1
client, contrary to MFDA Rule 2.1.1.
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 16th day of June, 2016.
Director of Regional Councils
Mutual Fund Dealers Association of Canada
121 King Street West, Suite 1000
Toronto, ON M5H 3T9
DM 490399 v1
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