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.
Sarah RickardSarah RickardDirector of Regional Councils
Mutual Fund Dealers Association of Canada
121 King St. West, Suite 1000
Toronto, ON M5H 3T9
E-mail: [email protected]
- The proposed settlement agreement concerns allegations that:
- on November 6, 2015, the Respondent falsified the signature of one client on one account form, contrary to MFDA Rule 2.1.1; and
- between January 2016 and April 2016, the Respondent misled MFDA Staff during the course of an investigation into his conduct when he falsely advised MFDA Staff that he did not falsify the signature of a client on an account form, contrary to MFDA Rule 2.1.1.
- MFDA settlement hearings are typically held in the absence of the public pursuant to section 20.5 of MFDA By-law No. 1 and Rule 15.2(2) of the MFDA Rules of Procedure.