MFDA Hearing Panel makes findings against Bruce Mawer and issues Decision and Reasons (Misconduct)
TORONTO, April 3, 2014 /CNW/ - A Hearing Panel of the Prairie Regional Council of the Mutual Fund Dealers Association of Canada ("MDFA") has issued its Decision and Reasons (Misconduct) in connection with a disciplinary hearing held in Edmonton, Alberta in the matter of Bruce Ian Mawer (the "Respondent").
The parties completed their submissions with respect to conduct on February 11, 2014, at which time the Hearing Panel advised that it would announce its decision and issue written reasons in due course. In its Decision and Reasons (Misconduct), dated April 3, 2014, the Hearing Panel found that the two (2) allegations made against the Respondent in the Notice of Hearing dated October 25, 2013 had been established and directed that submissions with respect to penalty will take place on a date to be announced.
The MFDA is the self-regulatory organization for Canadian mutual fund dealers, regulating the operations, standards of practice and business conduct of its 111 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 CanadaFor further information: Hugh Corbett, Managing Director, Enforcement, 416-943-4685, email@example.com; Mark Stott, Vice-President, Prairie Region, 403-215-8329, firstname.lastname@example.org