January 12, 2018 (Toronto, Ontario) – The Mutual Fund Dealers Association of Canada (“MFDA”) commenced a disciplinary proceeding in respect of Sebastian Eduardo Encalada (“Respondent”) by Notice of Hearing dated September 6, 2017 (“Notice of Hearing”).
The interim appearance scheduled for January 12, 2018 in this proceeding, for the purpose of considering any procedural or scheduling matters, has been cancelled.
As previously announced, the hearing of this matter on its merits will take place on February 20, 2018, commencing at 10:00 a.m. (Eastern), or as soon thereafter as the appearance can be held, in the hearing room at the offices of the MFDA, located at 121 King Street West, Suite 1000, Toronto, Ontario. The hearing will be open to the public, except as may be required for the protection of confidential matters.
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.