Respondent applies for review of MFDA Hearing Panel decision in the matter of Gurpreet Singh Bansal

TORONTO, Jan. 23, 2017 /CNW/ - A Hearing Panel of the Pacific Regional Council of the Mutual Fund Dealers Association of Canada ("MFDA") issued its Reasons for Decisions on November 23, 2016, in connection with a disciplinary hearing held on October 6, 2016 in Vancouver, British Columbia in respect of Gurpreet Singh Bansal. A copy of the Reasons for Decision is available on the MFDA website at

Mr. Bansal has applied to the British Columbia Securities Commission (BCSC) for a Hearing and Review of the MFDA Hearing Panel's decision, pursuant to sections 28 and 165 of the British Columbia Securities Act. A copy of Mr. Bansal's request for review is available on the BCSC website here.

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: Charles Toth, Director, Litigation, 416-943-4619,; Jeff Mount, Vice-President, Pacific Region, 604-694-8846,


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