BCSC panel issues Decision in the matter of Tony Lin

TORONTO, May 6 /CNW/ - In October 2009, Staff of the Mutual Fund Dealers Association of Canada ("MFDA") applied to the British Columbia Securities Commission ("BCSC") to review the decision of an MFDA hearing panel in the matter of Tony Tung-Yuan Lin.

In a Decision dated April 21, 2011, a BCSC review panel confirmed the MFDA hearing panel's August 2009 decision that Mr. Lin did not contravene MFDA rules by engaging in excessive trading, however it set aside the MFDA panel's interpretation and application of the MFDA's rules in the context of excessive trading.

Copies of the BCSC review panel's Decision and the MFDA hearing panel's Decision and Reasons are available online.

The MFDA is the self-regulatory organization for Canadian mutual fund dealers, regulating the operations, standards of practice and business conduct of its 136 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:

Shaun Devlin
Vice-President, Enforcement
416-943-4672 or sdevlin@mfda.ca


Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .


Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.


Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.