Le Lézard
Classified in: Business
Subjects: CON, LAW

MFDA Hearing Panel approves three settlement agreements


TORONTO, Oct. 1, 2021 /CNW/ - On September 30, 2021, a three-person Hearing Panel of the Prairie Regional Council of the Mutual Fund Dealers Association of Canada ("MFDA") heard the following three settlement proceedings, the particulars of which are:

Bryan Brooks Church

A hearing in the matter of Bryan Brooks Church ("Church") was held on September 30, 2021 at which the Hearing Panel approved the settlement agreement dated July 30, 2021 ("Settlement Agreement") between Staff of the MFDA and Church, as a consequence of which the following sanctions were imposed:

In the Settlement Agreement, Church admitted that:

a) between September 23, 2014 and February 28, 2021, he obtained, possessed, and in some instances used to process transactions, 25  pre-signed account forms in respect of  17 clients, contrary to MFDA Rule 2.1.1; and

b) between April 10, 2014 and February 28, 2021, he altered and used to process transactions, 60 account forms in respect of 48 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, Church conducted business in the Souris, Manitoba area.

Teagan Laine Kliever

A hearing in the matter of Teagan Laine Kliever ("Kliever") was held on September 30, 2021 at which the Hearing Panel approved the settlement agreement dated July 30, 2021 ("Settlement Agreement") between Staff of the MFDA and Kliever, as a consequence of which the following sanctions were imposed:

In the Settlement Agreement, Kliever admitted that:

a) between April 10, 2018 and October 16, 2018, she obtained, possessed, and in some instances used to process transactions, 7 pre-signed account forms in respect of 5 clients, contrary to MFDA Rule 2.1.1; and

b) between February 21, 2018 and February 28, 2019, she altered and used to process transactions, 26 account forms in respect of 22 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, Kliever conducted business in the Souris, Manitoba area.

William James Treble

A hearing in the matter of William James Treble ("Treble") was held on September 30, 2021 at which the Hearing Panel approved the settlement agreement dated July 30, 2021 ("Settlement Agreement") between Staff of the MFDA and Treble, as a consequence of which the following sanctions were imposed:

In the Settlement Agreement, Treble admitted that:

a) between February 15, 2018 and March 6, 2019, he obtained, possessed, and used to process transactions, 11 pre-signed account forms in respect of 8 clients, contrary to MFDA Rule 2.1.1; and

b) between January 21, 2015 and March 28, 2019, he altered and used to process transactions, 15 account forms in respect of 13 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, Treble conducted business in the Crystal City, Manitoba area.

The MFDA is the self-regulatory organization for Canadian mutual fund dealers, regulating the operations, standards of practice and business conduct of its Members and their approximately 80,000 Approved Persons with a mandate to protect investors and the public interest. 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.

SOURCE Mutual Fund Dealers Association of Canada


These press releases may also interest you

at 01:00
Chroma ATE Inc. acquired 100 percent of the shares of Environmental Stress Systems, Inc. (ESS). The main product of ESS consists of thermal forcing systems that can reach temperatures ranging from -104°C to +175°C. This technology enables Chroma to...

at 00:05
Consistent with an accelerated operational and commercial timeline for AES-100 technology, the Board of Directors of AES-100 Inc. has appointed Channce Fuller to lead the company's expedited development agendaMr. Fuller joins AES-100 Inc. with a...

at 00:05
Atmofizer Technologies Inc. (the "Company" or "Atmofizer")   is pleased to announce the completion of initial tests by Kemper GmbH, a leading supplier a leading welding fume extraction equipment manufacturer and important supplier of ambient air...

at 00:01
Today Exotec, a leader in global warehouse robotics, announced $335M in Series D funding at a $2B valuation. The Growth Equity business within Goldman Sachs Asset Management led the round with follow-on investments from 83North and Dell Technologies...

16 jan 2022
ICP DAS, a leading manufacturer of industrial automation equipment, is pleased to announce the new ExoWISE solution. The creation of ExoWISE is the result of a new partnership with Exosite, an enterprise software company and a leading provider in the...

16 jan 2022
ICP DAS, a leading manufacturer of industrial automation equipment, is pleased to announce the new ExoWISE solution. The creation of ExoWISE is the result of a new partnership with Exosite, an enterprise software company and a leading provider in the...



News published on 1 october 2021 at 19:34 and distributed by: