Notice of Settlement Hearing
File No. 200719
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: Berkshire Investment Group Inc.
NOTICE OF SETTLEMENT HEARING
NOTICE is hereby given that a hearing will be held before a Hearing Panel of the Pacific
Regional Council (the "Hearing Panel") of the Mutual Fund Dealers Association of
Canada (the "MFDA"), on Thursday, December 13, 2007 at the Morris J. Wosk Centre
for Dialogue located at 580 West Hastings Street, Vancouver, British Columbia,
commencing at 1:00 p.m. or as soon thereafter as the hearing can be held, 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 Berkshire Investment Group Inc. (the “Respondent”).
The subject matter of the proposed Settlement Agreement concerns matters for which the
Respondent may be disciplined as a member of the MFDA, pursuant to ss. 20 and 24.1.2
of By-law No. 1 of the MFDA.
The proposed Settlement Agreement concerns allegations that the Respondent
failed to conduct reasonable supervisory investigations of the activities of former
Approved Person, Ian Gregory Thow and to take such reasonable supervisory and
disciplinary measures as would be warranted by the results of its investigations, contrary
to MFDA Rules 2.5.1, 2.1.1(c) and the public interest.
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.
Date: Thursday, November 29, 2007
“Gregory J. Ljubic”
Gregory J. Ljubic
Mutual Fund Dealers Association of Canada
121 King St. West
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