TORONTO, Nov. 7, 2014 /CNW/ - The Mutual Fund Dealers Association of Canada ("MFDA") announced today that it has withdrawn an Application pursuant to section 24.3 of MFDA By-law No. 1 in respect of Gilles Robert Latour (the "Respondent").
MFDA Staff had been seeking an interim order from a Hearing Panel of the MFDA's Central Regional Council granting certain relief, including immediately suspending the Respondent from engaging in securities related business in any capacity as an Approved Person, until further order of a Hearing Panel. As the Respondent is no longer registered in the securities industry in any capacity, MFDA Staff are no longer seeking an interim order suspending the Respondent from engaging in securities related business as an Approved Person of the MFDA.
The hearing of the Application had been scheduled to resume on November 11, 2014, at 10:00 a.m. (Eastern), in the MFDA hearing room located at 121 King Street West, Suite 1000, Toronto, Ontario. This appearance has now been cancelled.
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: Hugh Corbett, Managing Director, Enforcement, 416-943-4685, [email protected]