JOINT SETTLEMENT Sample Clauses

JOINT SETTLEMENT. RECOMMENDATION

JOINT SETTLEMENT. RECOMMENDATION 2. Staff conducted an investigation of the Respondent’s activities. The investigation disclosed that the Respondent had engaged in activity for which the Respondent could be penalized on the exercise of the discretion of the Hearing Panel pursuant to section 24.1 of By- law No.1. 3. Staff and the Respondent recommend settlement of the matters disclosed by the investigation in accordance with the terms and conditions set out below. The Respondent agrees to the settlement on the basis of the facts set out in Part IV herein and consents to the making of an Order in the form attached as Schedule “A”. 4. Staff and the Respondent agree that the terms of this Settlement Agreement, including the attached Schedule “A”, will be released to the public only if and when the Settlement Agreement is accepted by the Hearing Panel.

JOINT SETTLEMENT. RECOMMENDATION 2. Staff agree to recommend settlement of the proceeding against Xxxxx in accordance with the terms and conditions of this agreement (the “Settlement Agreement”). Xxxxx consents to the making of an order against him in the form attached as Schedule “A” hereto on the basis of the facts and terms respectively set out in Parts III and V hereto.

JOINT SETTLEMENT. RECOMMENDATION 4. Staff and the Respondent jointly recommend that the Hearing Panel accept this Settlement Agreement. 5. The Respondent admits to the following contravention of IIROC Dealer Member Rules, Guidelines, Regulations or Policies: From May to November 2010, the Respondent as Branch Manager failed to adequately supervise a Registered Representative and the accounts of a client, contrary to IIROC Dealer Member Rules 1300.2 and 2500. 6. Staff and the Respondent agree to the following terms of settlement: (a) A fine of $30,000; and

JOINT SETTLEMENT. RECOMMENDATION 4. Staff and the Respondent jointly recommend that the Hearing Panel accept this Settlement Agreement. 5. The Respondent admits to the following contraventions of IIROC Dealer Member Rules, Guidelines, Regulations or Policies:

JOINT SETTLEMENT. RECOMMENDATION 2. Staff and the Respondents recommend settlement of all allegations in the Notice of Hearing in accordance with the terms and conditions set out below. The Respondents agree to the settlement on the basis of the facts set out in Parts IV and V herein and consent to the making of an Order in the form attached as Schedule "A".

JOINT SETTLEMENT. RECOMMENDATION 2. Staff has concluded that the Respondent has engaged in activity for which the Respondent could be penalized on the exercise of the discretion of the Hearing Panel pursuant to s. 24.1 of MFDA By-law No. 1. 3. Staff and the Respondent recommend settlement of the matter in accordance with the terms and conditions set out below. The Respondent agrees to the settlement on the basis of the facts set out in Part IV herein and consents to the making of an Order in the form attached as Schedule “A”. 4. Staff and the Respondent agree that the terms of this Settlement Agreement, including the attached Schedule “A”, will be released to the public only if and when the Settlement Agreement is accepted by the Hearing Panel.

JOINT SETTLEMENT. RECOMMENDATION 4. Staff and the Respondent jointly recommend that the Hearing Panel accept this Settlement Agreement. 5. The Respondent admits to the following contraventions of IIROC Dealer Member Rules: a) Between January 2014 and February 2015, Xxxxxxx engaged in outside business activities, without disclosure to or approval from his Dealer Member firm, contrary to Dealer Member Rule 18.14. b) Xxxxxxx accepted remuneration from persons other than his Dealer Member firm in regards to securities-related activities that he performed for those persons in 2014, contrary to IIROC Dealer Member Rule 18.15. 6. Staff and the Respondent agree to the following terms of settlement: a) A global fine of $25,000; and b) The Respondent must successfully complete the Chief Compliance Officer’s Qualifying Examination by January 31, 2017. 7. The Respondent agrees to pay costs to IIROC in the sum of $2,500.

JOINT SETTLEMENT. RECOMMENDATION 4. Staff and Xxxxx jointly recommend that the Hearing Panel accept this Settlement Agreement. 5. The Respondent admits to the following contraventions of IIROC Dealer Member Rules, Guidelines, Regulations or Policies: In September 2010, Xxxxxxx Xxxxx forged client signatures on various account documentation for three clients, thereby engaging in conduct unbecoming or detrimental to the public interest, contrary to IIROC Dealer Member Rule 29.1. 6. Staff and Xxxxx agree to the following terms of settlement: a) A fine in the amount of $15,000; b) A suspension from registration with IIROC in any capacity for a period of 2 months; and c) To re-write the CPH examination within 6 months upon any return to the industry. 7. Xxxxx also agrees to pay costs to IIROC in the sum of $1,000.

JOINT SETTLEMENT. RECOMMENDATION 4. Staff and the Respondent jointly recommend that the Hearing Panel accept this Settlement Agreement. 5. The Respondent admits to the following contraventions of IIROC Dealer Member Rules, Guidelines, Regulations or Policies: From August 2010 to April 2011, the Respondent failed to adequately supervise Registered Representative Xxxxxx Xxxxxx, contrary to IIROC Dealer Member Rules 38.4 (a), 1300.2, and 2500. 6. Staff and the Respondent agree to the following terms of settlement: a) Payment of a fine in the amount of $20,000 and, b) A six month suspension from registration in a supervisory capacity. 7. The Respondent agrees to pay costs to IIROC in the sum of $3,000.