TORONTO, Oct. 23, 2014 /CNW/ - October is Investor Education Month in Canada and to mark the occasion the Mutual Fund Dealers Association of Canada (the "MFDA") is announcing the launch of an Investor Education Section on its website. The new section can be accessed from the For Investors section of the MFDA website or directly at Investor Education.
On the new Investor Education Section of the website, investors can find information about mutual funds, including information about fees and FundFacts documents, as well as information on checking an advisor's registration and discipline history, and advice on avoiding fraud and financial harm. Links to investor education resources from members of the Canadian Securities Administrators are provided as well as other regulators and international organizations, thus creating a broad based resource for Canadians looking for educational resources for mutual fund investors.
"Investor Education is a key component of the MFDA's investor protection mandate. The Investor Education section of the website will benefit all Canadian investors by serving as a repository of information on mutual fund investing and ways to protect oneself from financial harm," said MFDA President and CEO Mark Gordon.
Investors who are seniors can also review the Seniors' Section of the MFDA website which contains information about the assistance that the MFDA can provide to seniors, as well as a library of links to on-line resources directed towards Canadian seniors.
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: Ian Strulovitch, Director, Public Affairs, (416) 943-7425 or [email protected]