Notice of Commission Approval – Amendment to MFDA Rule 1.1.3 – Service Arrangements – Mutual Fund Dealers Association of Canada (MFDA)

Market Regulation Document Type
MFDA rule review

The Ontario Securities Commission approved amendment to MFDA Rule 1.1.3 regarding Service Arrangements. In addition, the Alberta Securities Commission, Nova Scotia Securities Commission and Saskatchewan Financial Services Commission approved and the British Columbia Securities Commission did not object to the amendment. Proposed Amendment to MFDA Rule 1.1.3 clarifies that MFDA Members and Approved Persons may enter into service arrangements with another Member or Approved Persons. A copy and description of these amendments were published on July 11, 2003 at (2003) 26 OSCB 5439. No comments were received.