Central Region, Scotland

MFDA Hearing Panel accepts settlement agreement with Alex Eng

Retrieved on: 
Wednesday, April 27, 2022

TORONTO, April 27, 2022 /CNW/ - A settlement hearing in the matter of Alex Eng(the "Respondent") was held electronically by video conference on April 26, 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, April 27, 2022 /CNW/ - A settlement hearing in the matter of Alex Eng(the "Respondent") was held electronically by video conference on April 26, 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 February 1, 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 $12,500, payable as follows:
    $4,166.67 on or before May 31, 2022;
    $4,166.67 on or before June 30, 2022;
    $4,166.67 on or before July 29, 2022;
    costs in the amount of $5,000; and
    shall in the future comply with MFDA Rules 2.1.4, 2.1.1, 2.5.1 and 1.1.2.
  • 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 carried on business in Montreal, Qubec.

MFDA announces disciplinary proceeding in respect of Dennis Duclos

Retrieved on: 
Monday, April 18, 2022

TORONTO, April 18, 2022 /CNW/ - The Mutual Fund Dealers Association of Canada (the "MFDA") has commenced disciplinary proceedings in respect of Dennis Jerome Duclos (the "Respondent").

Key Points: 
  • TORONTO, April 18, 2022 /CNW/ - The Mutual Fund Dealers Association of Canada (the "MFDA") has commenced disciplinary proceedings in respect of Dennis Jerome Duclos (the "Respondent").
  • Allegation #2: Between in or about November 2019 and June 2020, the Respondent failed to report to the Member complaints received from a client, contrary to the Member's policies and procedures and MFDA Rules 1.1.2, 2.5.1, 2.1.1, 1.4(b), and MFDA Policy 6.
  • 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 issues Notice of Settlement Hearing in respect of Paul Bannab

Retrieved on: 
Thursday, April 7, 2022

The settlement agreement will be between Staff of the MFDA and Paul Bannab (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 Paul Bannab (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 St. Catharines, Ontario area.

MFDA Hearing Panel accepts settlement agreement with Kenneth Russell

Retrieved on: 
Tuesday, April 5, 2022

TORONTO, April 5, 2022 /CNW/ -A settlement hearing in the matter of Kenneth George Russell (the "Respondent") was held electronically by videoconference on April 1, 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, April 5, 2022 /CNW/ -A settlement hearing in the matter of Kenneth George Russell (the "Respondent") was held electronically by videoconference on April 1, 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 London, 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 Clive Wilkins

Retrieved on: 
Friday, April 1, 2022

TORONTO, April 1, 2022 /CNW/ - The Mutual Fund Dealers Association of Canada (the "MFDA") has commenced disciplinary proceedings in respect of Clive George Wilkins (the "Respondent").

Key Points: 
  • TORONTO, April 1, 2022 /CNW/ - The Mutual Fund Dealers Association of Canada (the "MFDA") has commenced disciplinary proceedings in respect of Clive George Wilkins (the "Respondent").
  • Allegation #2: Between February and April 2020, the Respondent made false or misleading statements to the Member and the MFDA during the course of investigations into his conduct, contrary to MFDA Rule 2.1.1.
  • A copy of the Notice of Hearing is available on the MFDA website at www.mfda.ca .
  • As the conduct addressed in this proceeding pre-dated the amendment to the Rule, the contravention of MFDA Rule 2.1.4 that is addressed in this Notice of Hearing is of the version of MFDA Rule 2.1.4 that was in effect between February 27, 2006 and June 30, 2021.

MFDA announces settlement hearing to take place in the matter of Rakesh Garg

Retrieved on: 
Thursday, March 31, 2022

As the result of a settlement agreement entered into between Staff of the MFDA and the Respondent, a settlement hearing will take place electronically by videoconference before a Hearing Panel of the MFDA's Central Regional Council on May 4, 2022, commencing at 10:00a.m.

Key Points: 
  • As the result of a settlement agreement entered into between Staff of the MFDA and the Respondent, a settlement hearing will take place electronically by videoconference before a Hearing Panel of the MFDA's Central Regional Council on May 4, 2022, commencing at 10:00a.m.
  • The subject matter of the proposed settlement agreement concerns matters for which the Respondent may be disciplined pursuant to ss.
  • 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 Hearing is available on the MFDA website at www.mfda.ca .

MFDA issues Notice of Settlement Hearing in respect of Pieter Lindhout

Retrieved on: 
Thursday, March 31, 2022

The settlement agreement will be between Staff of the MFDA and Pieter Hendrik Leendert Lindhout(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 Pieter Hendrik Leendert Lindhout(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 the Sarnia, Ontario area.

MFDA announces disciplinary proceeding in respect of Nhat Trieu

Retrieved on: 
Monday, March 28, 2022

TORONTO, March 28, 2022 /CNW/ - The Mutual Fund Dealers Association of Canada (the "MFDA") has commenced disciplinary proceedings in respect of Nhat Nick Trieu (the "Respondent").

Key Points: 
  • TORONTO, March 28, 2022 /CNW/ - The Mutual Fund Dealers Association of Canada (the "MFDA") has commenced disciplinary proceedings in respect of Nhat Nick Trieu (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 carried on business in the Markham, Ontario area.

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

Retrieved on: 
Monday, March 28, 2022

TORONTO, March 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 March 23, 2022 ("Reasons for Decision"), in connection with a settlement hearing held electronically by videoconference in Toronto, Ontarioon July 30, 2021, in the matter of Muhammad Fahad (the "Respondent").

Key Points: 
  • TORONTO, March 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 March 23, 2022 ("Reasons for Decision"), in connection with a settlement hearing held electronically by videoconference in Toronto, Ontarioon July 30, 2021, in the matter of Muhammad Fahad (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 out in the St. Catharines, Ontario area.

MFDA Hearing Panel issues Reasons for Decision in the matter of Michael Farrell

Retrieved on: 
Thursday, March 24, 2022

TORONTO, March 24, 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 March 23, 2022 ("Reasons for Decision"), in connection with a settlement hearing held electronically by videoconferencein Toronto, Ontarioon June 4, 2021, in the matter of Michael James Farrell (the "Respondent").

Key Points: 
  • TORONTO, March 24, 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 March 23, 2022 ("Reasons for Decision"), in connection with a settlement hearing held electronically by videoconferencein Toronto, Ontarioon June 4, 2021, in the matter of Michael James Farrell (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 Oshawa, Ontario area.