MFDA Hearing Panel issues Reasons for Decision (Penalty) in the matter of Zhengwen Qi and Xiaodan Huang

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Mutual Fund Dealers Association of Canada

Nov 21, 2013, 16:17 ET

TORONTO, Nov. 21, 2013 /CNW/ - A Hearing Panel of the MFDA's Central Regional Council has issued its Reasons for Decision (Penalty) in connection with a disciplinary hearing held in Toronto, Ontario on October 30, 2013 in respect of Zhengwen (Katherine) Qi and Xiaodan (Bonnie) Huang (the "Respondents").

A copy of the Reasons for Decision (Penalty) is available on the MFDA website at www.mfda.ca. During the period described in the Notice of Hearing, the Respondents carried on business in the Toronto, Ontario area.

The MFDA is the self-regulatory organization for Canadian mutual fund dealers, regulating the operations, standards of practice and business conduct of its 114 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

Hugh Corbett
Managing Director, Enforcement
416-943-4685
[email protected]

Organization Profile

Mutual Fund Dealers Association of Canada

The Mutual Fund Dealers Association of Canada (MFDA) is the national self-regulatory organization (SRO) for the distribution side of the Canadian mutual fund industry. It was established in June 1998 at the initiative of the Canadian Securities Administrators. The MFDA...