TORONTO, Oct. 24, 2014 /CNW/ - An Application Hearing in the matter of Gilles Robert Latour (the "Respondent") commenced today in Toronto, Ontario before a 3-person Hearing Panel of the MFDA's Central Regional Council pursuant to section 24.3 of MFDA By-law No. 1.
Following submissions from the parties, the Hearing Panel adjourned the Application Hearing to November 11, 2014, at 10:00 a.m. (Eastern), in the MFDA hearing room located at 121 King Street West, Suite 1000, Toronto, Ontario. The Hearing Panel made an interim Order prohibiting the Respondent from engaging in any securities related activities outside Equity Associates Inc., a Member of the MFDA, including borrowing from clients or non-clients, pending the return of the Application Hearing on November 11, 2014.
The MFDA is the self-regulatory organization for Canadian mutual fund dealers, regulating the operations, standards of practice and business conduct of its 108 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, [email protected]