TORONTO, Feb. 7, 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 Prairie Regional Council.
The settlement agreement will be between Staff of the MFDA and Gary Golden (the "Respondent") and involves matters for which the Respondent may be disciplined by a Hearing Panel pursuant to MFDA By-laws.
The proposed settlement agreement concerns allegations that the Respondent, between May 2009 and August 2011, engaged in a practice unbecoming an Approved Person by maintaining and using altered and partially completed pre-signed forms to conduct Member business, contrary to MFDA Rule 2.1.1.
An appearance will take place by teleconference before a Hearing Panel in the MFDA hearing room located at 800 - 6th Avenue S.W., Suite 850, Calgary, Alberta on February 28, 2013 at 9:00 a.m. (Mountain), or as soon thereafter as the appearance can be held, to set a date for a settlement hearing. The appearance will be open to the public, except as may be required for the protection of confidential matters.
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:
416-943-4672 or [email protected]