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Notice of Settlement Hearing

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:

Notice of Settlement Hearing

Notice of Settlement Hearing
File No. 201620



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: Ronald David Gibson




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”) in the hearing room at the British Columbia Securities Commission, located at 1200-
701 West Georgia Street, Vancouver, British Columbia, on March 17, 2016 at 10:00 a.m.
(Pacific), 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 Ronald
David Gibson (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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PARTICULARS

1.
The proposed Settlement Agreement concerns the allegations that,

a) between January 2008 and January 30, 2015, the Respondent obtained, maintained
and, in some instances, used to process transactions, 19 pre-signed account forms in
respect of 16 client accounts, contrary to MFDA Rule 2.1.1; and
b) between January 2008 and January 30, 2015, the Respondent falsified and, in some
instances, used to process trades, five (5) account forms in respect of six (6) clients,
contrary to MFDA Rule 2.1.1.

2.
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 3rd day of March, 2016.

“Sarah Rickard”

Sarah Rickard
Director of Regional Councils

Mutual Fund Dealers Association of Canada
121 King Street West, Suite 1000
Toronto, ON M5H 3T9
Telephone: 416-943-5143
Facsimile: 416-361-9781
Email: [email protected]

DM 470785 v1

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