BCN 2008/35 - The Mutual Fund Dealers Association of Canada Notice of Consent [BCN]
On July 8, 2008, the Commission consented to the Mutual Fund Dealers Association of Canada's (MFDA) continued participation in a co-operative agreement with l'Agence nationale d'encadrement du secteur financier (Autorité) and the Chambre de la sécurité financière (Chambre) in Québec.
The Commission initially consented to this co-operative agreement on May 20, 2005. The objectives of the co-operative agreement are to avoid regulatory inefficiencies and to preserve and enhance the respective separate mandates of the Autorité, the Chambre and the MFDA. Under the co-operative agreement, the Autorité, the Chambre and the MFDA will co-ordinate their various regulatory functions with respect to MFDA Members and their Approved Persons operating in Québec.
The securities regulatory authorities in Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick and Nova Scotia also recognize the MFDA. Please refer to the public websites of those Commissions for information about the co-operative agreement in those jurisdictions.
July 8, 2008
Douglas M. Hyndman
This Notice may refer to other documents. These documents can be found at the B.C. Securities Commission public website at www.bcsc.bc.ca.