Request for Comment – Revised Proposed Requirements Relating to the Disclosure of MFDA Membership – Mutual Fund Dealers Association of Canada (MFDA)

Market Regulation Document Type
MFDA rule review

  
The MFDA is re-publishing for public comment revisions to proposed requirements relating to the disclosure of MFDA Membership under proposed MFDA Rule 2.13 (Disclosure of MFDA Membership) and proposed MFDA Policy No. 10 (Disclosure of MFDA Membership). The proposed Rule and Policy would require Members to disclose to clients, on the account statement and on the Member’s website, that they are regulated by the MFDA. The intent of the proposed Rule and Policy is to promote greater client awareness of the regulatory oversight exercised by the MFDA in respect of MFDA Members and their Approved Persons. Proposed requirements relating to the disclosure of MFDA Membership were originally published on June 18, 2015, under proposed amendments to MFDA Rule 5.3.2.

A copy of the MFDA Notice including the proposed Rule and Policy is published on our website at www.osc.gov.on.ca. The comment period ends on September 27, 2017.