BULLETIN #0844-M

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Paige Ward

General Counsel, Corporate Secretary and Vice President, Policy

(416) 943-5838

pward@mfda.ca

BULLETIN #0844-M

December 4, 2020

Annual General and Special Meeting of Members

The MFDA held its 2020 Annual General and Special Meeting of Members (“AGM”) on December 3, 2020. The following is a summary of the business transacted at the meeting.

1.    Election of Public and Industry Directors

At the AGM, Steven Glover and Christopher Nicholls were approved as Public Directors of the Corporation, each to hold office for a two-year term, or until their successors have been appointed. Patricia Callon, Mark Kinzel, Katherine Dudtschak and Rick Annaert were approved as Industry Directors of the Corporation, each to hold office for a two-year term, or until their successors have been appointed.

Effective December 3, 2020, the following individuals are members of the MFDA Board of Directors:

Public Directors

Steven Glover, MBA, FCPA, FCA
Corporate Director
(Canmore, Alberta)

Les O’Brien, Q.C.
Former Chair
Nova Scotia Securities Commission
(Halifax, Nova Scotia)

Hugh McNabney, CPA (Retired)
Corporate Director
(Orillia, Ontario)

Barbara Shourounis, LL.B.
Former Director
Saskatchewan Financial Services Commission
(Regina, Saskatchewan)

Christopher Nicholls, BA, LL.B., LL.M., MPA
Professor of Business Law
Western University
(London, Ontario)

Vince Valenti, MBA
President
Valenti Holdings Inc.
(Manotick, Ontario)

 

Industry Directors

Rick Annaert, CPA, CMA
President & Chief Executive Officer
Manulife Securities Investment Services Inc.
(Toronto, Ontario)

Sonny Goldstein, CFP
President
Goldstein Financial Investments Inc.
(Toronto, Ontario)

Patricia Callon, LL.B., BA (Hons)
Senior Vice-President & General Counsel
Sun Life Financial Canada
(Toronto, Ontario)

Mark Kinzel, BA
Vice-President
IG Wealth Management
(Winnipeg, Manitoba)

Katherine Dudtschak, MBA
Chair & Chief Executive Officer
Royal Mutual Funds Inc.
(Toronto, Ontario)

André Langlois, FSA, FCIA
President
Desjardins Financial Security Investments Inc.
(Montreal, Quebec)

President & CEO

Mark T. Gordon, LL.B.
Mutual Fund Dealers Association of Canada
(Toronto, Ontario)

 

Christopher Nicholls, Public Director, was re-appointed Chair and Patricia Callon, Industry Director, was re-appointed Vice-Chair of the Board of Directors.

2.    Appointment of Auditors

Members also approved the appointment of Ernst & Young LLP as auditors for the Corporation.

3.    Confirmation of Amendments to MFDA Rules

Members approved proposed amendments to:

  • MFDA Rule 1.1.1(a) (Business Structures – Members); and
  • MFDA Rule 1.1.2 (Compliance by Approved Persons)

These proposed amendments are currently awaiting approval/non-objection by the recognizing regulators.

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The MFDA will hold its 2021 Annual General Meeting of Members on December 2, 2021 at 11:00 a.m. (Eastern) at Vantage Venues, 150 King Street West, 27th Floor, Toronto, Ontario.

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