Statewide HUB Program Statewide Procurement Division Note: In order for State agencies and institutions of higher education (universities) to be credited for utilizing this business as a HUB, they must award payment under the Certificate/VID Number identified above. Agencies, universities and prime contractors are encouraged to verify the company’s HUB certification prior to issuing a notice of award by accessing the Internet (xxxxx://xxxxx.xxx.xxxxx.xx.xx/tpasscmblsearch/index.jsp) or by contacting
Vlastnictví Zdravotnické zařízení si ponechá a bude uchovávat Zdravotní záznamy. Zdravotnické zařízení a Zkoušející převedou na Zadavatele veškerá svá práva, nároky a tituly, včetně práv duševního vlastnictví k Důvěrným informacím (ve smyslu níže uvedeném) a k jakýmkoli jiným Studijním datům a údajům.
Training and Professional Development 11.1 The Employer will develop and maintain an employee training and development plan and provide such plan to the Union upon request. Staff training is intended to provide an opportunity for classified staff employees for training sponsored by the University Training and Development and the UW Medical Centers Organizational Development and Training. Education/Professional Leave is intended to facilitate employee access to continuing education opportunities. Training and educational/professional leave may be used for the purpose of improving job performance, maintaining and increasing proficiency, preparing staff for greater responsibility, or increasing promotional opportunities within the framework of staff positions available at the University. 11.2 Any release time for training for employees accepted for such classes shall be in accordance with the Executive Order (currently No. 52) governing this matter. In the event that two or more employees request the same training period and supervision must limit the number of persons who may participate at one time due to work requirements, the selection will be made on a mutually agreeable basis within the department. 11.3 The training program is a proper subject for discussion by either departmental or University-wide Joint Union/Management Committees. 11.4 If the Employer requires an employee to receive training, reimbursement will be provided in accordance with the University travel rules. Employee attendance at Employer required training, either during or outside working hours, will be considered time worked and compensated in accordance with the provisions of this Agreement. 11.5 Employee attendance at training not required by the Employer and not covered by Executive Order 52, either on approved leave from or outside of working hours, will be voluntary and not considered time worked.
AGREED FACTS Registration History 7. Since April 2008, the Respondent has been registered in Ontario as a dealing representative with Sun Life Investment Services (Canada) Inc. (the “Member”), a Member of the MFDA. 8. At all material times, the Respondent conducted business in the London, Ontario area. 9. Beginning in May 2017, the Member’s policies and procedures prohibited Approved Persons from altering client account forms without obtaining client initials. 10. Between January 2015 and February 2019, the Respondent altered and, in some instances, used to process transactions, 24 account forms in respect of 22 clients by altering information on the account forms without having the client initial the alterations. 11. The altered account forms included: 15 Know-Your Client (“KYC”) Forms, 3 Pre- Authorized Contribution (“PAC”) Forms, 2 Tax Free Savings Account (“TFSA”) Application Forms, 1 Registered Education Savings Plan (“RESP”) Appointment of Beneficiary Form, 1 Order Ticket, 1 Transfer Authorization and 1 Limited Trade Authorization. 12. The alterations made by the Respondent consist of changes to: client investment knowledge, client investment objectives, client risk tolerance, investment time horizon, client income, client net worth, account numbers, PAC instructions, and account beneficiary information. 13. At all material times, the Member’s policies and procedures prohibited the use of pre- signed forms. 14. Between November 2014 and February 2017, the Respondent obtained, possessed and, in some instances, used to process transactions, 3 pre-signed account forms in respect of 4 clients. 15. The pre-signed account forms included: 1 Transfer Authorization, 1 PAC Form and 1 Canada Revenue Agency (“CRA”) Direct Transfer Form. 16. In April 2019, the Member conducted an audit of a sample of the Respondent’s client files and identified 5 deficient account forms. 17. In May 2019, the Member conducted a full review of the client files maintained by the Respondent and discovered the remaining account forms that are the subject of this Settlement Agreement. 18. Between May 2019 and May 2020, the Member placed the Respondent under close supervision. 19. In June 2019, the Member sent a letter to all clients whose accounts were affected by the Respondent’s conduct and indicated that the Member had identified instances where forms were used in the client accounts which may not have been complete when they were signed by the client. The Member attached copies of client account statements for the 2 years prior to the letter and further listed the KYC information for each client. The Member requested that the clients review the KYC information and account statements and contact the Member if the clients identified any discrepancies in the information. 20. No clients responded to the Member’s letter with any concerns about the transactions or KYC information associated with their account. 21. On October 10, 2019, the Member issued the Respondent a warning letter in respect of the pre-signed and altered account forms. 22. The Respondent has paid a total of $4,800 to the Member in respect of the close supervision imposed by the Member. 23. There is no evidence that the Respondent received any financial benefit from engaging in the misconduct described above beyond any commissions and fees that he would ordinarily be entitled to receive had the transactions been carried out in the proper manner. 24. There is no evidence of client loss, complaints, or lack of authorization. 25. The Respondent has not previously been the subject of MFDA disciplinary proceedings. 26. By entering into this Settlement Agreement, the Respondent has saved the MFDA the time, resources and expenses associated with conducting a full hearing of the allegations.
