TORONTO, Oct. 15, 2013 /CNW/ - The MFDA today announced that it has
issued a 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 Domenic
Pizzimenti (the "Respondent") and involves matters for which the
Respondent may be disciplined by a Hearing Panel pursuant to MFDA
The proposed settlement agreement concerns allegations that the
Respondent, from June 20, 2009 to May 3, 2010, obtained and used four
blank or partially completed pre-signed forms to complete transactions
for two clients, all of which was known to and authorized by the
clients, contrary to MFDA Rule 2.1.1.
The Settlement Hearing is scheduled to take place on November 20, 2013
at 1:00 p.m. (Eastern), or as soon thereafter as the hearing can held,
in the MFDA hearing room located at 121 King Street West, Suite 1000,
Toronto, Ontario. The hearing will be open to the public, except as may
be required for the protection of confidential matters.
A copy of the Notice of Settlement Hearing is available on the MFDA website at www.mfda.ca.
The MFDA is the self-regulatory organization for Canadian mutual fund
dealers, regulating the operations, standards of practice and business
conduct of its 115 Members and their approximately 80,000 Approved
Persons with a mandate to protect investors and the public interest.
SOURCE: Mutual Fund Dealers Association of Canada
For further information:
Managing Director, Enforcement