TORONTO, May 25, 2015 /CNW/ - A Hearing Panel of the Atlantic Regional Council of the Mutual Fund Dealers Association of Canada ("MFDA") has issued its Reasons for Decision in connection with a motion brought by Michael Andrew Harrigan (the "Respondent") to recuse the Chair of the Hearing Panel, which was held in Halifax, Nova Scotia on April 13-14, 2015. In its Reasons for Decision (Motion), the Hearing Panel outlines its reasons to grant the motion brought by the Respondent.
The MFDA is the self-regulatory organization for Canadian mutual fund dealers, regulating the operations, standards of practice and business conduct of its 104 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: Shaun Devlin, Senior Vice-President, Member Regulation, Enforcement, 416-943-4672, firstname.lastname@example.org