July 14, 2022 (Toronto, Ontario) – The Mutual Fund Dealers Association of Canada (“MFDA”) commenced a disciplinary proceeding in respect of Stephen Scott Smockum (the “Respondent”) by Notice of Hearing dated September 20, 2021 (“Notice of Hearing”).
An appearance in this proceeding was held today by videoconference before a Hearing Panel of the MFDA’s Central Regional Council.
Prior to the commencement of the hearing on July 14, 2022, the Respondent made an adjournment request to the Hearing Panel. Following submissions by the parties, the Panel granted the adjournment and directed that the hearing be held electronically by videoconference on July 19, 2022, commencing at 9:00 a.m. (Eastern), or as soon thereafter as the matter can be held. The proceeding will continue to be open to the public, except as may be required for the protection of confidential matters. Members of the public who would like to participate should contact firstname.lastname@example.org to obtain particulars.
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 80,000 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.