MFDA Hearing Panel issues Decision and Reasons (Penalty) in the matter of Ellen Batac, Hazel Gaminde, Dandy Macareag, Cesar Martin and Lilibeth Ocampo

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Mutual Fund Dealers Association of Canada

Jun 25, 2014, 15:59 ET

TORONTO, June 25, 2014 /CNW/ - A Hearing Panel of MFDA's Central Regional Council has issued its Decision and Reasons (Penalty) in connection with a disciplinary hearing held in Toronto, Ontario, in respect of Ellen Grace Batac, Hazel Gaminde, Dandy Macaraeg, Cesar Martin and Lilibeth Ocampo.

A copy of the Decision and Reasons (Penalty) is available on the MFDA website at www.mfda.ca.

The MFDA is the self-regulatory organization for Canadian mutual fund dealers, regulating the operations, standards of practice and business conduct of its 110 Members and their approximately 80,000 Approved Persons with a mandate to protect investors and the public interest. For more information about the MFDA's complaint and enforcement processes, as well as links to 'Check an Advisor' and other Investor Tools, visit the For Investors page on the MFDA website.

SOURCE: Mutual Fund Dealers Association of Canada

Hugh Corbett , Director of Litigation, 416-943-4685, [email protected]

Organization Profile

Mutual Fund Dealers Association of Canada

The Mutual Fund Dealers Association of Canada (MFDA) is the national self-regulatory organization (SRO) for the distribution side of the Canadian mutual fund industry. It was established in June 1998 at the initiative of the Canadian Securities Administrators. The MFDA...