TORONTO, Sept. 16, 2014 /CNW/ - The Mutual Fund Dealers Association of Canada ("MFDA") commenced a disciplinary proceeding in respect of Yue Brenda Zhou (the "Respondent") by Notice of Hearing (the "Notice of Hearing") dated April 20, 2012.
The hearing of this matter on its merits concluded yesterday in Toronto, Ontario before a three-person Hearing Panel of the MFDA's Central Regional Council. After hearing the evidence and submissions from the parties, the Hearing Panel dismissed the allegations against the Respondent and advised that it will 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. During the period described in the Notice of Hearing, the Respondent carried on business in Markham, Ontario.
The MFDA is the self-regulatory organization for Canadian mutual fund dealers, regulating the operations, standards of practice and business conduct of its 110 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 Canada
For further information: Hugh Corbett, Managing Director, Enforcement, 416-943-4685, firstname.lastname@example.org