TORONTO, May 22, 2013 /CNW/ - The MFDA today announced that on April 29,
2013 and on May 10, 2013, a 3-person Hearing Panel of the MFDA's
Central Regional Council made Orders pursuant to section 24.3 of MFDA
By-law No. 1 in respect of W. H. Stuart Mutuals Ltd. ("W.H. Stuart")
and Marilyn Dianne Stuart ("Stuart") (collectively, the "Respondents").
Further to a Notice of Application made April 29, 2013, an appearance in
this matter took place without notice to the Respondents on April 29,
2013, at which time the Hearing Panel made an Order imposing certain
terms and conditions on the Respondents' conduct of securities related
A further appearance took place before the Hearing Panel on notice to
the Respondents on May 10, 2013 at which time the Hearing Panel made an
Order imposing further terms and conditions on the Respondents and
directed that the next appearance in this matter will be held by
teleconference on May 22, 2013 at 2:00 p.m. (Eastern).
Copies of the Notice of Application and Orders are 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 115 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
For further information:
Director of Litigation