November 8, 2017 (Toronto, Ontario) – The Mutual Fund Dealers Association of Canada (“MFDA”) commenced a disciplinary proceeding in respect of Valorie Jean McManes (“Respondent”) by Notice of Hearing dated September 7, 2017 (“Notice of Hearing”).
As specified in the Notice of Hearing, the first appearance in this proceeding took place today by teleconference before a Hearing Panel of the MFDA’s Prairie Regional Council.
Following submissions by the parties, the Hearing Panel directed that the next appearance take place by teleconference on December 12, 2017 at 10:00 a.m. (Mountain), or as soon thereafter as the appearance can be held. The appearance will be open to the public, except as may be required for the protection of confidential matters.
TheMFDA 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.