FCAA Panel Decision on an Application for Hearing and Review in the Matter of Jack Louis Comeau
Jul 27, 2015, 17:31 ET
TORONTO, July 27, 2015 /CNW/ - On January 10, 2014, The Mutual Fund Dealers Association of Canada ("MFDA") applied to the Financial and Consumer Affairs Authority of Saskatchewan ("FCAA") for a hearing and review of an MFDA hearing panel decision (penalty) in the matter of Jack Louis Comeau, File No. 201217, pursuant to section 21.7 of The Securities Act (Saskatchewan).
In its Decision dated June 16, 2015, the FCAA hearing panel dismissed the MFDA's application.
In addition, on July 17, 2015, MFDA Staff filed a Notice of Appeal of the FCAA Decision with the Saskatchewan Court of Appeal.
Copies of the FCAA hearing panel's Decision and the MFDA hearing panel's Decision and Reasons (Misconduct) and (Penalty) 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 103 Members and their over 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: Charles Toth, Director, Litigation, 416-943-4619, [email protected]; Mark Stott, Vice-President, Prairie Region, 403-215-8329, [email protected]
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