MFDA Releases “Benefits of Working with an MFDA Member” Brochure
Earlier this week, the Mutual Fund Dealers Association of Canada published a brochure meant to help consumers understand the advantages of utilizing an MFDA Member to assist them in their financial planning endeavours.
“The MFDA and its Members are responsible for a significant portion of the Canadian wealth management landscape and primarily service mass market retail clients who represent over 80% of Canadian households. The Benefits of Working with an MFDA Member brochure is intended to promote the value and benefits to investors of the regulatory oversight exercised by the MFDA over its Members,” said MFDA President and CEO Mark Gordon.
The brochure outlines benefits such as the protections provided by MFDA Rules, registration of Members and Approved Persons, Member complaint handling standards, and coverage under the MFDA Investor Protection Corporation.
To see and download the brochure, click here.