Notice of Commission Approval – Amendments to MFDA By-law No. 1, Regarding the Enforcement Process – Mutual Fund Dealers Association of Canada (MFDA)

The Ontario Securities Commission approved the amendments to MFDA By-law No.1 regarding the Enforcement Process. 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 amendments. The amendments are to clarify the procedural aspects of the enforcement process so that hearings may be conducted in a more cost-effective, efficient and flexible manner that better serves the interests of the MFDA, the parties and the public. A copy and description of these amendments were published on October 1, 2004 at (2004) 27 OSCB 8336. No comments were received.