TORONTO, Sept. 23, 2011 /CNW/ - A disciplinary hearing in the matter of
Gregory Dickson (the "Respondent") was held today in Toronto, Ontario
before a three-person Hearing Panel of the MFDA's Central Regional
An Agreed Statement of Facts was filed prior to the hearing in which the
Respondent admitted to all the facts and allegations set out in the
Notice of Hearing dated April 20, 2011. The Hearing Panel made the
following orders at the conclusion of the hearing and advised that it
would issue written reasons for its decision in due course:
a two (2) year prohibition from conducting securities related business
in any capacity over which the MFDA has jurisdiction;
the Respondent shall write or re-write and pass an appropriate industry
course acceptable to MFDA Staff, prior to being registered in the
mutual fund industry;
a fine in the amount of $15,000; and
costs in the amount of $2,500.
A copy of the Notice of 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 132 Members and their approximately 75,000 Approved
Persons with a mandate to protect investors and the public interest.
SOURCE Mutual Fund Dealers Association of Canada
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