MFDA schedules date for penalty hearing in the matter of John Wolfenden

April 10, 2017 (Toronto, Ontario) – The Mutual Fund Dealers Association of Canada (“MFDA”) commenced a disciplinary proceeding in respect of John Richard Wolfenden (“Respondent”) by Notice of Hearing dated June 18, 2015 (“Notice of Hearing”).

In its Decision and Reasons (Misconduct) dated January 5, 2017, the Hearing Panel outlined its reasons for the findings of misconduct made against the Respondent.

A penalty hearing in this proceeding will take place on June 21, 2017, commencing at 10:00 a.m. (Eastern), in the hearing room at the offices of the MFDA, located at 121 King Street West, Suite 1000, Toronto, Ontario. The proceeding will continue to be open to the public, except as may be required for the protection of confidential matters.

Copies of the Decision and Reasons (Misconduct) and the Notice of Hearing are available on the MFDA website at www.mfda.ca. During the period described in the Decision and Reasons (Misconduct), the Respondent conducted business in the Sarnia, Ontario 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.