TORONTO, Feb. 22, 2012 /CNW/ - The MFDA today announced that it has commenced disciplinary proceedings
in respect of Vaughan Carmen Spencer (the "Respondent"). MFDA staff
alleges in its Notice of Hearing that the Respondent engaged in the
following conduct contrary the By-laws, Rules or Policies of the MFDA:
Allegation #1: Commencing March 1, 2011, the Respondent has failed or refused to
attend for an interview requested by MFDA Staff during the course of an
investigation, contrary to s. 22.1 of MFDA By-law No. 1.
The first appearance in this matter will take place by teleconference
before a Hearing Panel of the MFDA's Central Regional Council on March
28, 2012 at 10:00 a.m. (Eastern) in the MFDA Hearing Room located at
121 King Street West, Suite 1000, Toronto, Ontario.
The purpose of the appearance is to set a date for the hearing of this
matter on its merits and address any other procedural matters and will
be open to the public, except as may be required for the protection of
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 125 Members and their approximately 75,000 Approved
Persons with a mandate to protect investors and the public interest.
SOURCE Mutual Fund Dealers Association of Canada
For further information:
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