Central Region, Scotland

MFDA issues Notice of Settlement Hearing in respect of Richard Boker

Retrieved on: 
Wednesday, December 29, 2021
Association, Investor, Settlement, Central Region, Scotland, Person, Exercise, Hearing, Review, Respondent, Financial adviser

TORONTO, Dec. 29, 2021 /CNW/ -The Mutual Fund Dealers Association of Canada (the "MFDA") announced that it has issued a Notice of Settlement Hearing dated December 21, 2021 ("Notice of Settlement Hearing"), regarding the presentation, review and consideration of a proposed settlement agreement by a Hearing Panel of the MFDA's Central Regional Council.

Key Points: 
  • TORONTO, Dec. 29, 2021 /CNW/ -The Mutual Fund Dealers Association of Canada (the "MFDA") announced that it has issued a Notice of Settlement Hearing dated December 21, 2021 ("Notice of Settlement Hearing"), regarding the presentation, review and consideration of a proposed settlement agreement by a Hearing Panel of the MFDA's Central Regional Council.
  • The settlement agreement will be between Staff of the MFDA and Richard Verm Boker(the "Respondent") and involves matters for which the Respondent may be disciplined by a Hearing Panel pursuant to MFDA By-laws.
  • MFDA settlement hearings are typically held in the absence of the public pursuant to section 20.5 of MFDA By-law No.
  • A copy of the Notice of Settlement Hearing is available on the MFDA website at www.mfda.ca .

MFDA Hearing Panel accepts settlement agreement with Paul Gowan

Retrieved on: 
Wednesday, December 22, 2021
Settlement, Investor, Indian Residential Schools Settlement Agreement, Central Region, Scotland, Mutual Fund Dealers Association, Respondent, Association, Hearing, Person, Online gambling, Financial adviser

TORONTO, Dec. 22, 2021 /CNW/ -A settlement hearing in the matter of Paul David Gowan (the "Respondent") was held electronically by videoconference on December 21, 2021 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, Dec. 22, 2021 /CNW/ -A settlement hearing in the matter of Paul David Gowan (the "Respondent") was held electronically by videoconference on December 21, 2021 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 December 14, 2021 ("Settlement Agreement"), between Staff of the MFDA and the Respondent, as a consequence of which the following sanctions were imposed on the Respondent:
    a prohibition from conducting securities related business in any capacity while in the employ of or in association with a Member of the MFDA for a period of one year, commencing on December 21, 2021;
    a fine in the amount of $15,000;
    costs in the amount of $5,000; and
    shall in the future comply with MFDA Rules 1.1.1(c), 2.2.1, and 2.1.1.
  • 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 London, Ontario area.

MFDA announces disciplinary proceeding in respect of Rakesh Garg

Retrieved on: 
Tuesday, December 21, 2021
Notice of Hearing, Mutual Fund Dealers Association, Investor, Respondent, Person, Central Region, Scotland, Financial adviser, Online gambling, Hearing

TORONTO, Dec. 21, 2021 /CNW/ - The Mutual Fund Dealers Association of Canada ("MFDA") has commenced disciplinary proceedings in respect of Rakesh Garg(the "Respondent").

Key Points: 
  • TORONTO, Dec. 21, 2021 /CNW/ - The Mutual Fund Dealers Association of Canada ("MFDA") has commenced disciplinary proceedings in respect of Rakesh Garg(the "Respondent").
  • Allegation #2: Between August 2017 and December 2017, the Respondent altered and used to process transactions 2 account forms in respect of 2 clients by altering information on the account forms without having the client initial the alterations, contrary to MFDA Rule 2.1.1.
  • A copy of the Notice of Hearing is available on the MFDA website at www.mfda.ca .
  • 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 Everest D'Souza

Retrieved on: 
Monday, December 20, 2021
Notice of Hearing, Investment, National, Investor, Mutual Fund Dealers Association, Respondent, Central Region, Scotland, Sale, Person, Financial adviser, Online gambling, Hearing

TORONTO, Dec. 20, 2021 /CNW/ - The Mutual Fund Dealers Association of Canada ("MFDA") has commenced disciplinary proceedings in respect of Everest Nicholas Louis D'Souza(the "Respondent").

Key Points: 
  • TORONTO, Dec. 20, 2021 /CNW/ - The Mutual Fund Dealers Association of Canada ("MFDA") has commenced disciplinary proceedings in respect of Everest Nicholas Louis D'Souza(the "Respondent").
  • A copy of the Notice of Hearing is available on the MFDA website at www.mfda.ca .
  • [1] MFDA Rule 1.2.1(c) was amended and renumbered as MFDA Rule 1.3 effective March 17, 2016.
  • [2] MFDA Rule 2.4.2 was amended effective April 8, 2015.

MFDA issues Notice of Settlement Hearing in respect of Jeremy Rebek

Retrieved on: 
Monday, December 13, 2021
Review, Central Region, Scotland, Respondent, Sault Ste. Marie Transit Services, Person, Settlement, Hearing, Mutual Fund Dealers Association, Investor, Financial adviser, Online gambling

The settlement agreement will be between Staff of the MFDA and Jeremy Rebek(the "Respondent") and involves matters for which the Respondent may be disciplined by a Hearing Panel pursuant to MFDA By-laws.

Key Points: 
  • The settlement agreement will be between Staff of the MFDA and Jeremy Rebek(the "Respondent") and involves matters for which the Respondent may be disciplined by a Hearing Panel pursuant to MFDA By-laws.
  • MFDA settlement hearings are typically held in the absence of the public pursuant to section 20.5 of MFDA By-law No.
  • A copy of the Notice of Settlement Hearing is available on the MFDA website at www.mfda.ca .
  • During the period described in the Notice of Settlement Hearing, the Respondent conducted business in the Sault Ste.

MFDA Hearing Panel announces sanctions against Wayne Charlton and issues Decision and Reasons

Retrieved on: 
Monday, December 13, 2021
Mutual Fund Dealers Association, Respondent, Investor, Person, Central Region, Scotland, Hearing, Penalty, Online gambling, Financial adviser

TORONTO, Dec. 13, 2021 /CNW/ - A Hearing Panel of the Central Regional Council of the Mutual Fund Dealers Association of Canada ("MFDA") has issued its Decision (Penalty) and Reasons dated December 10, 2021 ("Decision and Reasons"), in connection with a disciplinary hearing held by electronic hearing in Toronto, Ontario,on November 17, 2021, in the matter of Wayne Brian Charlton ("Respondent").

Key Points: 
  • TORONTO, Dec. 13, 2021 /CNW/ - A Hearing Panel of the Central Regional Council of the Mutual Fund Dealers Association of Canada ("MFDA") has issued its Decision (Penalty) and Reasons dated December 10, 2021 ("Decision and Reasons"), in connection with a disciplinary hearing held by electronic hearing in Toronto, Ontario,on November 17, 2021, in the matter of Wayne Brian Charlton ("Respondent").
  • At the hearing on November 17, 2021, the parties made submissions with respect to penalty and the Hearing Panel reserved its decision.
  • In its Decision and Reasons, the Hearing Panel has imposed the following sanctions on the Respondent:
    a fine in the amount of $10,000; and
    costs in the amount of $2,500.
  • A copy of the Decision (Penalty) and Reasons is available on the MFDA website at www.mfda.ca .

MFDA Hearing Panel accepts settlement agreement with Progressive Financial Strategy Capital Group Corp.

Retrieved on: 
Thursday, December 9, 2021
Hearing, Risk, Investor, Fine, Settlement, Indian Residential Schools Settlement Agreement, Mutual Fund Dealers Association, Central Region, Scotland, Person, Respondent, Online gambling, Financial adviser, Bank

TORONTO, ON, Dec. 9, 2021 /CNW/ -A settlement hearing in the matter of Progressive Financial Strategy Capital Group Corp. (the "Respondent") was held electronically by videoconference today 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, ON, Dec. 9, 2021 /CNW/ -A settlement hearing in the matter of Progressive Financial Strategy Capital Group Corp. (the "Respondent") was held electronically by videoconference today 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 November 9, 2021 ("Settlement Agreement"), between Staff of the MFDA and the Respondent, as a consequence of which the following sanctions were imposed on the Respondent:
    payment of the Fine and Costs shall be made as follows:
    $5,000 (Costs) on December 9, 2021;
    $5,000 (Fine) on or before March 31, 2022;
    $5,000 (Fine) on or before June 30, 2022;
    shall provide monthly bank statements with its Form 1s for a period of one year following acceptance of the Settlement Agreement; and
    shall in the future comply with MFDA Rules 3.1.1, 3.1.2, 3.4.2(c), and 2.1.1.
  • 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 80,000 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 accepts settlement agreement with Nancy Myers

Retrieved on: 
Wednesday, December 8, 2021
Hearing, Investor, Settlement, Indian Residential Schools Settlement Agreement, Mutual Fund Dealers Association, Central Region, Scotland, Person, Respondent, Ethics, Online gambling, Financial adviser

TORONTO, Dec. 8, 2021 /CNW/ -A settlement hearing in the matter of Nancy Carol Myers (the "Respondent") was held on December 7, 2021 by electronic hearing 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, Dec. 8, 2021 /CNW/ -A settlement hearing in the matter of Nancy Carol Myers (the "Respondent") was held on December 7, 2021 by electronic hearing 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 Grimsby, 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 Nicholas Rivet

Retrieved on: 
Monday, December 6, 2021
Investor, Central Region, Scotland, Element, Person, Respondent, Notice of Hearing, Association, Financial adviser

TORONTO, Dec. 6, 2021 /CNW/ -The Mutual Fund Dealers Association of Canada (the "MFDA") has commenced disciplinary proceedings in respect of Nicholas Andrew Rivet (the "Respondent").

Key Points: 
  • TORONTO, Dec. 6, 2021 /CNW/ -The Mutual Fund Dealers Association of Canada (the "MFDA") has commenced disciplinary proceedings in respect of Nicholas Andrew Rivet (the "Respondent").
  • 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 North Bay, 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 issues Notice of Settlement Hearing in respect of Charles Rolland

Retrieved on: 
Monday, December 6, 2021
Hearing, Investor, Review, Settlement, Central Region, Scotland, Person, Association, Respondent, Financial adviser, Online gambling

The settlement agreement will be between Staff of the MFDA and Charles Lewis Rolland(the "Respondent") and involves matters for which the Respondent may be disciplined by a Hearing Panel pursuant to MFDA By-laws.

Key Points: 
  • The settlement agreement will be between Staff of the MFDA and Charles Lewis Rolland(the "Respondent") and involves matters for which the Respondent may be disciplined by a Hearing Panel pursuant to MFDA By-laws.
  • MFDA settlement hearings are typically held in the absence of the public pursuant to section 20.5 of MFDA By-law No.
  • A copy of the Notice of Settlement Hearing is available on the MFDA website at www.mfda.ca .
  • During the period described in the Notice of Settlement Hearing, the Respondent carried on business in Oshawa, Ontario.