Central Region, Scotland

MFDA announces disciplinary proceeding in respect of Paul Walker

Retrieved on: 
Tuesday, November 29, 2022

TORONTO, Nov. 29, 2022 /CNW/ - The Mutual Fund Dealers Association of Canada (the "MFDA") has commenced disciplinary proceedings in respect of Paul O'Brian Walker (the "Respondent").

Key Points: 
  • TORONTO, Nov. 29, 2022 /CNW/ - The Mutual Fund Dealers Association of Canada (the "MFDA") has commenced disciplinary proceedings in respect of Paul O'Brian Walker (the "Respondent").
  • As the conduct addressed in this proceeding, pre-dated the amendment to the Rule, any reference to MFDA Rule 2.1.4 in this proceeding is to the version of MFDA Rule 2.1.4 that was in effect between February 27, 2006 and June 30, 2021.
  • 2 Effective December 3, 2010, MFDA Rule 1.2.1(d) concerning dual occupations was renumbered as MFDA Rule 1.2.1(c).
  • Effective March 17, 2016, MFDA Rule 1.2.1(c) was amended and renumbered as MFDA Rule 1.3.

MFDA Hearing Panel issues Reasons for Decision in the matter of Fahad Izhar

Retrieved on: 
Monday, November 28, 2022

TORONTO, Nov. 28, 2022 /CNW/ - A Hearing Panel of the Central Regional Council of the Mutual Fund Dealers Association of Canada (the "MFDA") has issued its Reasons for Decision dated November 24, 2022 ("Reasons for Decision"), in connection with a settlement hearing held electronically by videoconference in Toronto, Ontarioon September 22, 2022, in the matter of Fahad Izhar (the "Respondent").

Key Points: 
  • TORONTO, Nov. 28, 2022 /CNW/ - A Hearing Panel of the Central Regional Council of the Mutual Fund Dealers Association of Canada (the "MFDA") has issued its Reasons for Decision dated November 24, 2022 ("Reasons for Decision"), in connection with a settlement hearing held electronically by videoconference in Toronto, Ontarioon September 22, 2022, in the matter of Fahad Izhar (the "Respondent").
  • In its Reasons for Decision, the Hearing Panel confirmed the sanctions imposed on the Respondent.
  • A copy of the Reasons for Decision is available on the MFDA website at www.mfda.ca .
  • During the period described in the Reasons for Decision, the Respondent conducted business in the Toronto, Ontario area.

MFDA Hearing Panel issues Reasons for Decision in the matter of Sandra Rizovska-Spasik

Retrieved on: 
Friday, November 25, 2022

TORONTO, Nov. 25, 2022 /CNW/ - A Hearing Panel of the Central Regional Council of the Mutual Fund Dealers Association of Canada (the "MFDA") has issued its Reasons for Decision dated November 23, 2022 ("Reasons for Decision"), in connection with a settlement hearing held electronically by videoconference in Toronto, Ontarioon September 22, 2022, in the matter of Sandra Rizovska-Spasik (the "Respondent").

Key Points: 
  • TORONTO, Nov. 25, 2022 /CNW/ - A Hearing Panel of the Central Regional Council of the Mutual Fund Dealers Association of Canada (the "MFDA") has issued its Reasons for Decision dated November 23, 2022 ("Reasons for Decision"), in connection with a settlement hearing held electronically by videoconference in Toronto, Ontarioon September 22, 2022, in the matter of Sandra Rizovska-Spasik (the "Respondent").
  • In its Reasons for Decision, the Hearing Panel confirmed the sanctions imposed on the Respondent.
  • A copy of the Reasons for Decision are available on the MFDA website at www.mfda.ca .
  • During the period described in the Reasons for Decision, the Respondent carried on business in the Kitchener, Ontario area.

MFDA Hearing Panel issues Reasons for Decision in the matter of Timothy Laskey

Retrieved on: 
Friday, November 25, 2022

TORONTO, Nov. 25, 2022 /CNW/ - A Hearing Panel of the Central Regional Council of the Mutual Fund Dealers Association of Canada (the "MFDA") has issued its Reasons for Decision dated November 24, 2022 ("Reasons for Decision"), in connection with a settlement hearing held electronically by videoconference in Toronto, Ontarioon October 13, 2022, in the matter of Timothy James Laskey (the "Respondent").

Key Points: 
  • TORONTO, Nov. 25, 2022 /CNW/ - A Hearing Panel of the Central Regional Council of the Mutual Fund Dealers Association of Canada (the "MFDA") has issued its Reasons for Decision dated November 24, 2022 ("Reasons for Decision"), in connection with a settlement hearing held electronically by videoconference in Toronto, Ontarioon October 13, 2022, in the matter of Timothy James Laskey (the "Respondent").
  • In its Reasons for Decision, the Hearing Panel confirmed the sanctions imposed on the Respondent.
  • A copy of the Reasons for Decision is available on the MFDA website at www.mfda.ca .
  • During the period described in the Reasons for Decision, the Respondent conducted business in the London, Ontario area.

MFDA Hearing Panel accepts settlement agreement with Wealthsimple Advisor Services Inc.

Retrieved on: 
Thursday, November 24, 2022

TORONTO, Nov. 24, 2022 /CNW/ - A settlement hearing in the matter of Wealthsimple Advisor Services Inc. (the"Respondent") was held electronically by videoconference on November 23, 2022 in Toronto, Ontario before a three-member Hearing Panel of the Central Regional Council of the Mutual Fund Dealers Association of Canada ("MFDA").

Key Points: 
  • TORONTO, Nov. 24, 2022 /CNW/ - A settlement hearing in the matter of Wealthsimple Advisor Services Inc. (the"Respondent") was held electronically by videoconference on November 23, 2022 in Toronto, Ontario before a three-member Hearing Panel of the Central Regional Council of the Mutual Fund Dealers Association of Canada ("MFDA").
  • The Hearing Panel accepted the settlement agreement dated October 31, 2022 (the "Settlement Agreement"), between Staff of the MFDA and the Respondent as a consequence of which the following sanctions were imposed on the Respondent:
    a fine in the amount of $100,000; and
    costs in the amount of $20,000.
  • The MFDA is the self-regulatory organization for Canadian mutual fund dealers, regulating the operations, standards of practice and business conduct of its Members and their approximately 76,695 Approved Persons with a mandate to protect investors and the public interest.
  • For more information about the MFDA's complaint and enforcement processes, as well as links to 'Check an Advisor' and other Investor Tools, visit the For Investors page on the MFDA website.

MFDA Hearing Panel imposes sanctions in the matter of Azhar Batla

Retrieved on: 
Wednesday, November 23, 2022

TORONTO, Nov. 22, 2022 /CNW/ - The Mutual Fund Dealers Association of Canada ("MFDA") commenced a disciplinary proceeding in respect of Azhar AhmadBatla(the "Respondent") by Notice of Hearing dated February 10, 2022 ("Notice of Hearing").

Key Points: 
  • TORONTO, Nov. 22, 2022 /CNW/ - The Mutual Fund Dealers Association of Canada ("MFDA") commenced a disciplinary proceeding in respect of Azhar AhmadBatla(the "Respondent") by Notice of Hearing dated February 10, 2022 ("Notice of Hearing").
  • As previously announced , a three-member Hearing Panel of the MFDA's Central Regional Council made findings of misconduct against the Respondent.
  • A penalty hearing in this proceeding was has held electronically by videoconference on November18,2022, in Toronto, Ontario before a three-member Hearing Panel of the MFDA's Central Regional Council.
  • A copy of the Notice of Hearing is available on the MFDA website at www.mfda.ca .

MFDA Hearing Panel accepts settlement agreement with Roger Gebhardt

Retrieved on: 
Monday, November 14, 2022

TORONTO, Nov. 14, 2022 /CNW/ - A settlement hearing in the matter of Roger Eldred Gebhardt (the"Respondent") was held electronically by videoconference on October 31, 2022 in Toronto, Ontario before a three-member Hearing Panel of the Central Regional Council of the Mutual Fund Dealers Association of Canada ("MFDA").

Key Points: 
  • TORONTO, Nov. 14, 2022 /CNW/ - A settlement hearing in the matter of Roger Eldred Gebhardt (the"Respondent") was held electronically by videoconference on October 31, 2022 in Toronto, Ontario before a three-member Hearing Panel of the Central Regional Council of the Mutual Fund Dealers Association of Canada ("MFDA").
  • A copy of the Settlement Agreement is available on the MFDA website at www.mfda.ca .
  • During the period described in the Settlement Agreement, the Respondent conducted business in the Hanover, Ontario area.
  • For more information about the MFDA's complaint and enforcement processes, as well as links to 'Check an Advisor' and other Investor Tools, visit the For Investors page on the MFDA website.

MFDA announces disciplinary proceeding in respect of George Yamamoto

Retrieved on: 
Thursday, November 10, 2022

TORONTO, Nov. 10, 2022 /CNW/ - The Mutual Fund Dealers Association of Canada (the "MFDA") has commenced disciplinary proceedings in respect of George Yamamoto (the "Respondent").

Key Points: 
  • TORONTO, Nov. 10, 2022 /CNW/ - The Mutual Fund Dealers Association of Canada (the "MFDA") has commenced disciplinary proceedings in respect of George Yamamoto (the "Respondent").
  • The appearance will be open to the public, except as may be required for the protection of confidential matters.
  • A copy of the Notice of Hearing is available on the MFDA website at www.mfda.ca .
  • During the period described in the Notice of Hearing, the Respondent conducted business in the Toronto, Ontario area.

MFDA announces disciplinary proceeding in respect of Zahir Lehri

Retrieved on: 
Friday, November 4, 2022

TORONTO, Nov. 4, 2022 /CNW/ - The Mutual Fund Dealers Association of Canada (the "MFDA") has commenced disciplinary proceedings in respect of Zahir Hussain Lehri (the "Respondent").

Key Points: 
  • TORONTO, Nov. 4, 2022 /CNW/ - The Mutual Fund Dealers Association of Canada (the "MFDA") has commenced disciplinary proceedings in respect of Zahir Hussain Lehri (the "Respondent").
  • Allegation #2: Commencing May 2017, the Respondent misappropriated or failed to account for monies received from a client and another individual, contrary to MFDA Rule 2.1.1.
  • Allegation #3: Commencing October 2020, the Respondent failed to cooperate with an investigation into his conduct by Staff of the MFDA, contrary to section 22.1 of MFDA By-law No.
  • As the Respondent engaged in the alleged misconduct addressed in this proceeding prior to December 31, 2021, in this proceeding, Staff is relying on the version of MFDA Rule 2.2.1 that was in effect prior to the December 31, 2021 amendments.

MFDA Hearing Panel make findings of misconduct and imposes sanctions against Muhamad Sadiq

Retrieved on: 
Thursday, November 3, 2022

TORONTO, Nov. 3, 2022 /CNW/ - The Mutual Fund Dealers Association of Canada ("MFDA") commenced a disciplinary proceeding in respect of Muhamad Asghar Sadiq(the "Respondent") by Notice of Hearing dated September 14, 2021.

Key Points: 
  • TORONTO, Nov. 3, 2022 /CNW/ - The Mutual Fund Dealers Association of Canada ("MFDA") commenced a disciplinary proceeding in respect of Muhamad Asghar Sadiq(the "Respondent") by Notice of Hearing dated September 14, 2021.
  • A disciplinary hearing in this proceeding was held electronically by videoconference on November 2, 2022 before a three-member Hearing Panel of the MFDA's Central Regional Council.
  • During the period described in the Notice of Hearing, the Respondent carried on business in the Mississauga, Ontario area.
  • For more information about the MFDA's complaint and enforcement processes, as well as links to 'Check an Advisor' and other Investor Tools, visit the For Investors page on the MFDA website.