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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. _________)*
TD Waterhouse Group, Inc.
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(Name of Issuer)
Common Stock, $.01 par value per share
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(Title of Class of Securities)
87236210 8
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(CUSIP Number)
June 23, 1999
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
X Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
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CUSIP No. 87236210 8
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1. Names of Reporting Persons: The Toronto-Dominion Bank
I.R.S. Identification No. of above persons (entities only):
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2. Check the Appropriate Box if a Member of a Group (See Instructions) (a)
(b)
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3. SEC Use Only
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4. Citizenship or Place of Organization: Canada
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Number of 5. Sole Voting Power: 7,366,002
Shares ------------------------------------------------------------------------------------
Beneficially 6. Shared Voting Power: 325,633,998
Owned by ------------------------------------------------------------------------------------
Each 7. Sole Dispositive Power: 7,366,002
Reporting ------------------------------------------------------------------------------------
Person With 8. Shared Dispositive Power: 325,633,998
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9. Aggregate Amount Beneficially Owned by Each Reporting Person: 333,000,000
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10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)___
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11. Percent of Class Represented by Amount in Row (9): 88.5%
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12. Type of Reporting Person (See Instructions): CO
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CUSIP No. 87236210 8
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1. Names of Reporting Persons: TD Waterhouse Holdings, Inc.
I.R.S. Identification No. of above persons (entities only):
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2. Check the Appropriate Box if a Member of a Group (See Instructions) (a)
(b)
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3. SEC Use Only
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4. Citizenship or Place of Organization: Delaware
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Number of 5. Sole Voting Power: 0
Shares ------------------------------------------------------------------------------------
Beneficially 6. Shared Voting Power: 328,008,998
Owned by ------------------------------------------------------------------------------------
Each 7. Sole Dispositive Power: 0
Reporting ------------------------------------------------------------------------------------
Person With 8. Shared Dispositive Power: 328,008,998
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9. Aggregate Amount Beneficially Owned by Each Reporting Person: 328,008,998
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10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)__
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11.Percent of Class Represented by Amount in Row (9): 87.1%
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12.Type of Reporting Person (See Instructions): CO
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CUSIP No. 87236210 8
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1. Names of Reporting Persons: TD Securities Inc./Valeurs Mobilieres TD Inc.
I.R.S. Identification No. of above persons (entities only):
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2. Check the Appropriate Box if a Member of a Group (See Instructions) (a)
(b)
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3. SEC Use Only
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4. Citizenship or Place of Organization: Canada
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Number of 5.Sole Voting Power: 0
Shares ------------------------------------------------------------------------------------
Beneficially 6.Shared Voting Power: 33,625,000
Owned by ------------------------------------------------------------------------------------
Each 7.Sole Dispositive Power: 0
Reporting ------------------------------------------------------------------------------------
Person With 8.Shared Dispositive Power: 33,625,000
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9.Aggregate Amount Beneficially Owned by Each Reporting Person: 33,625,000
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10.Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)__
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11.Percent of Class Represented by Amount in Row (9): 8.9%
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12.Type of Reporting Person (See Instructions): CO
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</TABLE>
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ITEM 1.
(a) Name of Issuer: TD Waterhouse Group, Inc.
(b) Address of Issuer's Principal Executive Offices: 100 Wall Street, New
York, NY 10005
ITEM 2.
(a) Name of Persons Filing: The Toronto-Dominion Bank ("TD Bank")
TD Waterhouse Holdings, Inc. ("TDWH")
TD Securities Inc./Valeurs Mobilieres TD Inc.
("TDSI")
(b) Address of Principal Business Office or, if None, Residence:
TD Bank: P.O. Box 1, Toronto Dominion Centre, Toronto, Ontario,
Canada, M5K 1A2
TDWH: 100 Wall Street, New York, NY 10005
TDSI: P.O. Box 1, Toronto Dominion Centre, Toronto, Ontario,
Canada, M5K 1A2
(c) Citizenship:
TD Bank is a chartered bank organized under the laws of Canada.
TDWH is a corporation organized under the laws of the state of
Delaware.
TDSI is a corporation organized under the laws of the province of
Ontario.
(d) Title of Class of Securities: Common Stock, $.01 par value per share
(the "Common Stock")
(e) CUSIP Number: 87236210 8
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b) OR
RULE 13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:
(a) [ ] Broker or dealer registered under section 15 of the Act
(15 U.S.C. 78o).
(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) [ ] Insurance Company as defined in section 3(a)(19) of the Act
(15 U.S.C. 78c).
(d) [ ] Investment Company registered under section 8 of the Investment
Company Act of 1940 (15 U.S.C 80a-8)
(e) [ ] An investment adviser in accordance with Section 240.13d-1(b)(1)
(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance with
Section 240.13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance with
Section 240.13d-1(b)(1)(ii)(G);
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(h) [ ] A savings associations as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment
Company Act of 1940 (15 U.S.C. 80a-3);
(j) [ ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(J);
Not Applicable.
ITEM 4. OWNERSHIP
(a) Amount beneficially owned: 333,000,000 (1)
(b) Percent of class: 88.5%
(c) Number of shares as to which the person has:
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(i) Sole power to vote or to direct the vote: (1)
(ii) Shared power to vote or to direct the vote: (1)
(iii) Sole power to dispose or to direct the disposition of: (1)
(iv) Shared power to dispose or to direct the disposition of: (1)
</TABLE>
(1) The amounts reported include beneficial ownership of 7,366,002 shares held
directly by TD Bank and an aggregate of 325,633,998 shares held by TD Bank's
wholly-owned subsidiaries, TDWH and TDSI. Of these shares, 36,000,000 shares
represent shares of Common Stock issuable upon the exercise of certain
exchangeable preference shares of TD Waterhouse Investor Services (Canada)
Inc., a subsidiary of the Issuer (the "Exchangeable Shares"), of which
2,375,000 were issued to TD Bank and 33,625,000 were issued to TD Bank's
wholly-owned subsidiary, TDSI, in connection with TD Bank reorganizing its
discount brokerage operations into the Issuer in 1999 (the "Reorganization").
Pursuant to the Reorganization, 4,991,002 shares of Common Stock were issued to
TD Bank and 292,008,998 shares of Common Stock and one Special Voting Preferred
Share were issued to TDWH, a wholly-owned subsidiary of TD Bank. The Special
Voting Preferred Share has voting rights equal to the number of shares of
Common Stock into which the Exchangeable Shares may be exchanged.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not Applicable
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
See Item 4
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
Not Applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not Applicable
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ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not Applicable
ITEM10. CERTIFICATIONS
Not Applicable
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
THE TORONTO-DOMINION BANK
By: /s/ Christopher A. Montague
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Name: Christopher A. Montague
Title: Executive Vice President, General
Counsel and Secretary
Date: February 14, 2000
TD WATERHOUSE HOLDINGS, INC.
By: /s/ Richard H. Neiman
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Name: Richard H. Neiman
Title: Executive Vice President
Date: February 14, 2000
TD SECURITIES INC./VALEURS
MOBILIERES TD INC.
By: /s/ Christopher A. Montague
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Name: Christopher A. Montague
Title: Director
Date: February 14, 2000
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EXHIBIT A
JOINT FILING AGREEMENT
Each of the undersigned persons hereby agrees and consents to this
joint filing of Schedule 13G on their behalf pursuant to Section 13(d) and (g)
of the Securities Exchange Act of 1934, as amended, and the rules promulgated
thereunder. Each of these persons is not responsible for the completeness or
accuracy of the information concerning the other persons making this filing,
unless such person knows or has reason to believe that such information is
inaccurate.
Dated: February 14, 2000
THE TORONTO-DOMINION BANK
By: /s/ Christopher A. Montague
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Name: Christopher A. Montague
Title: Executive Vice President, General
Counsel and Secretary
TD WATERHOUSE HOLDINGS, INC.
By: /s/ Richard H. Neiman
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Name: Richard H. Neiman
Title: Executive Vice President
TD SECURITIES INC./VALEURS
MOBILIERES TD INC.
By: /s/ Christopher A. Montague
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Name: Christopher A. Montague
Title: Director
