OSC Staff Notice of Approval – Amendments to MFDA By-law No.1 and Articles of Continuance – Mutual Fund Dealers Association of Canada (MFDA)

The Recognizing Regulators of the Mutual Fund Dealers Association of Canada (MFDA) have approved or not objected to amendments to the MFDA By-law No. 1 and Articles of Continuance to reflect the replacement of Part II of the Canada Corporations Act with the new Canada Not-for-profit Corporations Act.

The OSC staff notice of request for comment was published on July 25, 2013 at (2013) 36 OSCB 7595. The proposed amendments to the MFDA By-law No.1 and MFDA Articles of Continuance were published on the OSC website on the same date. No comments were received from the public.

The Ontario Securities Commission approved the amendments to MFDA By-law No. 1 as revised by the MFDA pursuant to comments from staff of the recognizing regulators and to MFDA’s Articles of Continuance. A copy of the blacklined copy of the proposed amendments to By-law No.1 showing changes made to the version published for comment can be found on the OSC website.

The British Columbia Securities Commission, the Alberta Securities Commission, the Financial and Consumer Affairs Authority of Saskatchewan, the Manitoba Securities Commission, the Financial and Consumer Services Commission of New Brunswick, the Nova Scotia Securities Commission, and Prince Edward Island Office of the Superintendent of Securities also approved or did not object to the revised amendments to MFDA By-law No. 1 and Articles of Continuance.