MFDA Hearing Panel accepts settlement agreement with Albert Koo
TORONTO, Jan. 26, 2021 /CNW/ -A settlement hearing in the matter of Albert Hoo-Cheong Koo ("Respondent") was held by electronic hearing on January 25, 2021, before a three-member Hearing Panel of the Central Regional Council of the Mutual Fund Dealers Association of Canada ("MFDA").
- TORONTO, Jan. 26, 2021 /CNW/ -A settlement hearing in the matter of Albert Hoo-Cheong Koo ("Respondent") was held by electronic hearing on January 25, 2021, before a three-member Hearing Panel of the Central Regional Council of the Mutual Fund Dealers Association of Canada ("MFDA").
- In the Settlement Agreement, the Respondent admitted that between February 2014 and February 2017, he altered and used to process transactions, 28 account forms in respect of 15 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 Settlement Agreement is available on the MFDA website at www.mfda.ca .
- During the period described in the Settlement Agreement, the Respondent conducted business out of the Toronto, Ontario area.