Timely Disclosure

Timely Disclosure

Updates and Commentary on Current issues in M&A, Corporate Finance and Capital Markets

Tag Archives: MFDA

MFDA Continuing Education Proposed Rules and Policy

Posted in Securities Regulatory Authorities
On March 26, 2018, the Mutual Fund Dealers Association (MFDA) published proposed MFDA Rules 1.2 Definitions and 1.26 Continuing Education (collectively, Proposed Rules) and Proposed MFDA Policy No. 9 Continuing Education (CE) Requirements (Proposed Policy) for public comment.  The Proposed Rules and Proposed Policy are intended to promote a new CE regime to further enhance… Continue Reading

Sale of ETFs – Proficiency Standards Approved

Posted in Investment Funds, Securities Registration & Registrants
Last month, provincial securities regulators approved Policy No. 8 (Policy) of The Mutual Fund Dealers Association of Canada (MFDA).  The Policy establishes proficiency standards for mutual fund dealing representatives (Representatives) who wish to sell exchange-traded fund (ETFs). Although Representatives are legally permitted to sell certain types of ETFs (which are a type of mutual fund),… Continue Reading