TORONTO, April 11 /CNW/ - The Mutual Fund Dealers Association of Canada
("MFDA") today announced that it has commenced disciplinary proceedings
against Keith Oswald Wong.
MFDA staff alleges in its Notice of Hearing that Mr. Wong engaged in the
following conduct contrary to the By-laws, Rules or Policies of the MFDA:
Allegation: Between November 2, 2005 and November 23, 2005, the
Respondent, while an Approved Person of one Member, accessed the
confidential client database of another Member, without the knowledge or
approval of either Member and used the information obtained to solicit
clients, contrary to MFDA Rule 2.1.1.
The first appearance in this matter will take place by teleconference
before a Hearing Panel of the MFDA Central Regional Council in the Hearing
Room located at the offices of the MFDA, 121 King Street West, Suite 1000,
Toronto, Ontario on Thursday, May 17, 2007 at 10:00 a.m. (Eastern) or as soon
thereafter as can be held.
The purpose of the first appearance is to schedule the date for the
commencement of the hearing on its merits and to address any other procedural
The first appearance is open to the public, except as may be required for
the protection of confidential matters. Members of the public attending the
first appearance will be able to listen to the proceeding by teleconference.
A copy of the Notice of Hearing is available on the MFDA website at
The Mutual Fund Dealers Association of Canada is the self-regulatory
organization for Canadian mutual fund dealers. The MFDA regulates the
operations, standards of practice and business conduct of its 163 Members and
their approximately 75,000 Approved Persons with a mandate to protect
investors and the public interest.
For further information:
For further information: Shaun Devlin, Vice-President, Enforcement,
(416) 943-4672, or firstname.lastname@example.org