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For immediate release
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For further information, please contact:

Marco Wynnyckyj

Manager, Hearings

(416) 945-5146

mwynnyckyj@mfda.ca

MFDA sets dates for Hearing on the Merits in the matter of Devendra Sharma

November 9, 2017 (Toronto, Ontario) – The Mutual Fund Dealers Association of Canada (“MFDA”) commenced a disciplinary proceeding in respect of Devendra Prakash Sharma (“Respondent”) by Notice of Hearing dated February 7, 2017 (“Notice of Hearing”).

An appearance in this proceeding took place on September 28, 2017 by teleconference before a Hearing Panel of the MFDA’s Central Regional Council.

The hearing of this matter on its merits has been scheduled to take place February 22-23, 2018, commencing at 10:00 a.m. (Eastern) each day, or as soon thereafter as the matter can be heard, in the hearing room at the offices of the MFDA, located at 121 King Street West, Suite 1000, Toronto, Ontario. The proceeding will be open to the public, except as may be required for the protection of confidential matters.

A copy of the Notice of Hearing is available on the MFDA website at www.mfda.ca. During the period described in the Notice of Hearing, the Respondent conducted business in the Mississauga, Ontario area.

The MFDA is the self-regulatory organization for Canadian mutual fund dealers, regulating the operations, standards of practice and business conduct of its Members and their approximately 83,000 Approved Persons with a mandate to protect investors and the public interest. For more information about the MFDA’s complaint and enforcement processes, as well as links to ‘Check an Advisor’ and other Investor Tools, visit the For Investors page on the MFDA website.