TORONTO, May 29, 2018 /CNW/ - A Hearing Panel of the Atlantic Regional Council of the Mutual Fund Dealers Association of Canada ("MFDA") issued its Reasons for Decisions (Penalty) on December 19, 2017, in connection with a disciplinary hearing held on August 10, 2017 in Halifax, Nova Scotia in respect of Gregory Burke. A copy of the Decision and Reasons (Penalty) is available on the MFDA website at www.mfda.ca.
Mr. Burke has applied to the Nova Scotia Securities Commission for a Hearing and Review of the MFDA Hearing Panel's decision, pursuant to subsections 30(5) and 5(A) of the Nova Scotia Securities Act.
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 82,000 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: Charles Toth, Director, Litigation, 416-943-4619, [email protected]