MFDA Marks Financial Literacy Month

TORONTO, Nov. 12, 2015 /CNW/ - November is Financial Literacy Month in Canada and to mark the occasion the MFDA will be sending out investor education tweets daily from its Twitter account @MFDA_News during the month of November.

"The MFDA remains focused on providing clients with meaningful information about mutual fund investing and navigating the advisory process. Expanding the communication channels we use to reach investors is part of the MFDA's strategic goal to promote investor confidence, and we encourage Canadians to follow @MFDA_News for daily investor education tweets and communications from the MFDA," said MFDA President and CEO Mark Gordon.

Investors can also review the Investor Education Section of the MFDA website for information about mutual funds, information on checking an advisor's registration and discipline history, and advice on avoiding fraud and financial harm, including an interactive fraud awareness quiz. Investors who are seniors can also review the Seniors' Section of the MFDA website which contains information about the assistance that the MFDA can provide to seniors, as well as a library of links to on-line resources directed towards Canadian seniors.

The MFDA is the self-regulatory organization for Canadian mutual fund dealers, regulating the operations, standards of practice and business conduct of its 102 Members and their approximately 83,000 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

Ian Strulovitch, Director, Public Affairs, [phone] or [email protected]