TORONTO, Dec. 1, 2015 /CNW/ - MFDA staff has published a brochure entitled The Benefits of Working with an MFDA Member. The brochure can be accessed on the MFDA website at http://mfda.ca/investors/brochure/WorkingWithMFDAMember.pdf.
"The MFDA and its Members are responsible for a significant portion of the Canadian wealth management landscape and primarily service mass market retail clients who represent over 80% of Canadian households. The Benefits of Working with an MFDA Member brochure is intended to promote the value and benefits to investors of the regulatory oversight exercised by the MFDA over its Members," said MFDA President and CEO Mark Gordon.
The brochure provides a brief description of the MFDA and the benefits to clients of working with an MFDA Member, such as the protections provided by the MFDA Rules, registration of Members and Approved Persons, Member complaint handling standards, and coverage under the MFDA Investor Protection Corporation.
The MFDA is the self-regulatory organization for Canadian mutual fund dealers, regulating the operations, standards of practice and business conduct of its 102 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: Ian Strulovitch, Director, Public Affairs, (416) 943-7425 or [email protected]