Who We Are

The Mutual Fund Dealers Association of Canada (the “MFDA”), is a self-regulatory organization that oversees mutual fund dealers in Canada, which regulates the operations, standards of practice and business conduct of its Members and their over 77,000 Approved Persons with a focus on retail clients.

While the MFDA's regulatory mandate is to protect investors, we also support a regulatory compliant and diverse membership. Diversity benefits investors as it provides choices in advisory services and increases investor access to quality advice.

We contribute to the financial well-being of Canadian investors and uphold public confidence in Canada’s mutual fund distribution industry.

What We Do

Every day the MFDA works to ensure that:

  • Investors receive suitable advice
  • Investors receive accurate and complete information to make informed decisions
  • Investors are treated fairly

MFDA Vision

We protect investors by:

  • Delivering responsible and effective regulation
    We use risk-based, balanced and transparent processes and employ our regulatory expertise in a proactive manner in addressing industry developments to be a responsible and effective regulator.
  • Strengthening collaboration, knowledge and expertise
    We engage our stakeholders to share our collective expertise to ensure a culture of compliance.
  • Promoting investor confidence
    We focus on providing access to information and improving the client relationship to better protect the investing public.

MFDA Values

We believe that all our actions must be executed professionally and honestly.
We have Integrity.

We believe that the best result is one that includes meaningful engagement of all stakeholders.
We Collaborate.

We believe that all our actions should be fair, balanced, and practical while achieving appropriate outcomes.
We are Reasonable.