The Mutual Fund Dealers Association of Canada has issued a notice to clarify the responsibilities of its members in servicing client accounts in the event of developments such as rep transfers, and dealer mergers.The MFDA said its staff has become aware of a number of situations where client accounts have not been properly serviced as […]
Nominations close March 14
Dealer failed to take reasonable supervisory and disciplinary measures
The Mutual Fund Dealers Association of Canada has published a report on the design and operation of its contingency fund.The MFDA Investor Protection Corp. was established in 2002 and received the required approvals from the Alberta, British Columbia, Manitoba, Nova Scotia, Ontario and Saskatchewan securities commissions in May 2005.The terms and conditions of the approval […]
Directors to serve two-year terms
Previous settlement rejected by panel
The Mutual Fund Dealers Association of Canada has announced four new members of its Policy Advisory Committee.The MFDA PAC provides advice, comments and reports to MFDA staff on a variety of matters including regulatory and policy initiatives and industry trends and practices. Members of the PAC are selected with a view to ensuring that the […]
MFDA hearing panel approves settlement agreement with Moro
Regulator finds non-registered individuals providing account services and advice to clients
Forms may be evidence that a rep is engaging in discretionary trading