MFDA Hearing Panel issues Reasons for Decision (Penalty) in the Matter of
Gregory Burner

News provided by

Mutual Fund Dealers Association of Canada

Dec 13, 2010, 16:23 ET

TORONTO, Dec. 13 /CNW/ - A Hearing Panel of the MFDA's Prairie Regional Council has issued its Reasons for Decision regarding the penalty phase of this matter which took place in Winnipeg, Manitoba on November 30, 2010.

The allegations phase of the hearing took place on July 19-20, 2010, at which time the Hearing Panel found that the misconduct described in the Notice of Hearing had been established.

Copies of the Reasons for Decision (Penalty) and Reasons for Decision (Misconduct) are 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 136 Members and their approximately 75,000 Approved Persons with a mandate to protect investors and the public interest.

For further information:

Shaun Devlin
Vice-President, Enforcement
416-943-4672 or [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...