MFDA adjourns settlement hearing in the matter of Rhys Martell
March 14, 2018 (Toronto, Ontario) – The Mutual Fund Dealers Association of Canada (“MFDA”) commenced a disciplinary proceeding in respect of Rhys Martell (“Respondent”) by Notice of Hearing dated August 24, 2017.
A settlement hearing in this proceeding commenced March 13, 2018 before a three-member Hearing Panel of the MFDA’s Pacific Regional Council. Following submissions from the parties, the Hearing Panel adjourned the settlement hearing and directed that the next appearance take place by teleconference on March 20, 2018 at 10:00 a.m. (Pacific), or as soon thereafter as the appearance can be held.
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 Abbotsford, British Columbia 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.