Members are invited to nominate candidates for election to the MFDA’s four Regional Councils by no later than April 17, 2020. To be eligible, a nominee must be (i) a resident of the applicable Region; and (ii) a partner, officer, director, employee or agent of a Member in that Region.
Provinces in Region
Nova Scotia, New Brunswick, Prince Edward Island, Newfoundland and Labrador
Alberta, Saskatchewan, Manitoba, Northwest Territories, Nunavut
British Columbia, Yukon
Elected representatives serve two-year terms of office and are eligible to be selected as members of three-person Hearing Panels that adjudicate MFDA disciplinary proceedings. In addition, the Chair of each Regional Council is eligible to become an ex officio member of the MFDA’s Policy Advisory Committee which provides advice and comment on the legal, regulatory and market implications of MFDA Rules, Policies and operations.
A Member may nominate up to two (2) candidates in each Region in which the Member has a head office or at least one branch office.
In addition to the eligibility criteria above, nominees should have a strong background in compliance and have held senior positions within the industry and their Member firms for a number of years. Further information regarding the Regional Councils can be found in sections 17-19 of MFDA By-law No. 1.
If the number of nominees in any Region exceeds the number of positions available, the MFDA will coordinate a mail-in ballot process to elect representatives to each such Regional Council.
If an election is required, the names of all eligible nominees will be put on a ballot and sent to Members in the applicable Region, along with a brief profile of each nominee. Each Member in the Region will then be entitled to vote for one or more of the nominees (up to the maximum number of positions available).
Terms of Office
The two-year terms of office for successful candidates will commence on June 4, 2020.
Submitting Nomination Forms
Completed Nomination Forms must be submitted by no later than Friday, April 17, 2020 at 5:00 p.m. (Eastern):
Mail: Michelle Pong
Senior Legal Counsel and Director, Regional Councils
Office of the Corporate Secretary
Mutual Fund Dealers Association of Canada
121 King Street West, Suite 1000