TORONTO, Oct. 10, 2014 /CNW/ - A Hearing Panel of the Central Regional Council of the Mutual Fund Dealers Association of Canada ("MFDA") has issued its Reasons for Decision in connection with a disciplinary hearing held in Toronto on September 15, 2014, in the matter of Yu Brenda Zhou ("Respondent"). The Reasons for Decision relate to the Hearing Panel's dismissal of the allegation against the Respondent found in the Notice of Hearing dated April 20, 2012 ("Notice of Hearing").
In the Notice of Hearing, MFDA Staff alleged that commencing in 2009, Zhou failed or refused to attend an interview requested by MFDA Staff during the course of an investigation, contrary to section 22.1 of MFDA By-law No. 1 and MFDA Rule 2.1.1.
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]