BCSC

Settlements

BCSECCOM #:	Document Type: Agreed Statement
Published Date: 1992-09-11	Effective Date: 1992-09-09
Details:

IN THE MATTER OF the Securities Act, S.B.C. 1985, chapter 83
AND IN THE MATTER OF Sherry Lynne Heise-Steele

Agreed Statement of Facts and Undertaking

W.D. Nesmith

September 9, 1992

The following agreement has been reached between Sherry Lynne Heise-Steele ("Heise-Steele") and the Superintendent of Brokers (the "Superintendent");

As the basis for the agreement Heise-Steele acknowledges that:

(a)		Heise-Steele has been employed by Investors Group Financial Services Ltd. ("Investors") since February 9, 1987, and had been registered to trade in securities in Ontario from February 9, 1987 until she moved to British Columbia in July 1990;
(b)		for the period from July 1990 until registration was granted on March 23, 1992, Heise-Steele acted as a mutual fund salesperson for Investors in British Columbia without registration under the Securities Act, S.B.C. 1985, c. 83 (the "Act"); and
(c)		Heise-Steele has represented to the Superintendent that her failure to obtain the required registration under the Act during the period from July 1990 to March 22, 1992 was inadvertent.

2.		Heise-Steele hereby undertakes to comply with the requirements of the Act, the Securities Regulation, B.C. Reg. 270/86 and the policies established from time to time by the British Columbia Securities Commission.
3.		Heise-Steele hereby agrees to pay to the order of the Minister of Finance and Corporate Relations the sum of $1,000.
4.		Heise-Steele waives any right she has or may have, under the Act or otherwise, to a hearing, hearing and review, judicial review or appeal related to, in connection with or incidental to this agreement.

W.D. NESMITH
Superintendent of Brokers