March 23, 2023 (Toronto, Ontario) – The Mutual Fund Dealers Association of Canada (“MFDA”), now New Self-Regulatory Organization of Canada (“New SRO”), commenced a disciplinary proceeding in respect of Ann Marie Reid (the “Respondent”) by Notice of Hearing dated August 22, 2022 (“Notice of Hearing”).
An appearance in this proceeding was held on March 14, 2023 by videoconference before a Hearing Panel of the New SRO’s Ontario District Hearing Committee.
Following submissions by Staff of the New SRO regarding procedural matters, the hearing of this matter on its merits will take place electronically by videoconference on April 26-28, 2023, commencing at 10:00 a.m. (Eastern), each day. The proceeding will be open to the public, except as may be required for the protection of confidential matters. Members of the public who would like to observe the electronic hearing should contact [email protected] to obtain particulars.
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 Mississauga and Toronto, Ontario areas.
New Self-Regulatory Organization of Canada is the national self-regulatory organization that oversees all investment dealers, mutual fund dealers and trading activity on Canada’s debt and equity marketplaces. New SRO is carrying on the regulatory functions of the Investment Industry Regulatory Organization of Canada and the Mutual Fund Dealers Association of Canada, and is committed to the protection of investors, providing efficient and consistent regulation, and building Canadians’ trust in financial regulation and the people managing their investments. For more information, visit www.newselfregulatoryorganizationofcanada.ca.