MFDA Hearing Panel reserves judgment in the matter of Scott Kelly

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Mutual Fund Dealers Association of Canada

Oct 12, 2012, 16:51 ET

TORONTO, Oct. 12, 2012 /CNW/ - The MFDA commenced a disciplinary proceeding in respect of Scott Kelly by Notice of Hearing dated June 22, 2012.

A hearing of this matter on its merits took place yesterday in Toronto, Ontario before a 3-person Hearing Panel of the MFDA's Central Regional Council. The Hearing Panel reserved its decision and advised that it would issue its decision and written reasons in due course.

A copy of the Notice of Hearing 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 120 Members and their approximately 80,000 Approved Persons with a mandate to protect investors and the public interest.

SOURCE: Mutual Fund Dealers Association of Canada

Marco Wynnyckyj
Hearings Coordinator
416-945-5146 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...