TORONTO, May 23, 2017 /CNW/ - Today the MFDA released its MFDA Client Research Report: A Detailed Look Into Members, Advisors and Clients which illustrates the significant role that MFDA Members and their Advisors have in the Canadian financial marketplace.
"This data provides us with an unprecedented view of retail investors in Canada and will be invaluable in performing our regulatory activities." said MFDA President and CEO Mark Gordon. "The information obtained from our Client Research Project will be used for various regulatory purposes including identifying higher risk activities, vulnerable clients and impact of regulatory policy initiatives."
The MFDA Client Research Report is now available on the MFDA's website at www.mfda.ca.
The MFDA is the self-regulatory organization for Canadian mutual fund dealers, regulating the operations, standards of practice and business conduct of its Members and their approximately 83,000 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: Ken Woodard, Director, Membership Services & Communications, (416) 943-4602 or [email protected]