MFDA announces disciplinary action against James Lewis – QNT Press Release

Toronto, December 3, 2021 /CNW/-Association of Mutual Fund Dealers Canada (“MFDA”) Disciplinary procedures have begun James Michael Lewis (“Respondent”).In the notice whose date is the hearing October 20, 2021 (“Hearing Notice”), MFDA staff accused the respondent of the following violations of the MFDA regulations, rules and/or policies:

Allegation #1: between November 2017 with July 2018, The respondent signs or submits account documents to process transactions in the customer’s account or update the customer’s “know your customer” information without using the necessary due diligence to understand the basic facts related to the customer and ensure that they are processed in their account The transaction is suitable, or to ensure that the transaction…

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