November 12, 2020 (Toronto, Ontario) – The Mutual Fund Dealers Association of Canada (“MFDA”) commenced a disciplinary proceeding in respect of Andrew Kazina (“Respondent”) by Notice of Hearing dated June 4, 2020.
A Hearing Panel of the MFDA’s Prairie Regional Council heard a motion by electronic hearing on November 9, 2020, brought by the Respondent seeking, amongst other things, to stay the disciplinary proceeding against him.
Following submissions by the parties, the Hearing Panel dismissed the Respondent’s motion and advised that written reasons for its decision will be issued in due course. The Hearing Panel ordered that the Hearing on the Merits be rescheduled to take place by electronic hearing on February 24-25, 2021, commencing at 10:00 a.m. (Mountain) each day, or as soon thereafter as the matter can be heard. 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 obtain particulars should contact [email protected].
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 81,000 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.