MFDA issues Notice of Hearing regarding Roderick I. McLeod
MFDA staff alleges in its Notice of Hearing that the Respondent engaged in the following conduct contrary to the By-laws, Rules or Policies of the MFDA:
Allegation 1: In 2005, the Respondent engaged in securities related
business that was not carried on for the account of the Member and
through the facilities of the Member by selling, referring or
facilitating the sale of an investment product that was not approved by
the Member to 2 individuals, contrary to MFDA Rules 1.1.1 and 2.1.1.
Allegation 2: In 2005, the Respondent had and continued in another
gainful occupation that was not disclosed to and approved by the Member
by selling, referring or facilitating the sale of an investment product,
contrary to MFDA Rules 1.2.1(d) and 2.1.1.
The first appearance in this matter will take place by teleconference before a Hearing Panel of the MFDA's Central Regional Council in the Hearing Room located at the offices of the MFDA, 121
The purpose of the first appearance is to schedule the date for the commencement of the hearing of this matter on its merits and to address any other procedural matters. The appearance will be open to the public, except as may be required for the protection of confidential matters.
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 141 Members and their approximately 75,000 Approved Persons with a mandate to protect investors and the public interest.
For further information: Shaun Devlin, Vice-President, Enforcement, (416) 943-4672 or [email protected]
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