For further information, please contact:
Marco Wynnyckyj Senior Hearings Coordinator
For immediate release
MFDA schedules dates for Hearing on the Merits in the matter of Lloyd Snyder
May 1, 2014 (Toronto, Ontario) – The Mutual Fund Dealers Association of Canada (“MFDA”) commenced a disciplinary proceeding in respect of Lloyd Snyder (the “Respondent”) by Notice of Hearing dated September 30, 2013.
An appearance in this matter took place today by teleconference before a three-member Hearing Panel of the MFDA’s Atlantic Regional Council.
Following submissions by the parties, the hearing of this matter on its merits has been scheduled to take place on December 8-12, 2014, commencing at 10:00 a.m. (Atlantic) each day, at a venue to be announced in Charlottetown, Prince Edward Island. The Hearing Panel also scheduled August 6, 2014 at 10:00 a.m. (Atlantic) as an interim appearance to consider a pre-hearing Motion to be brought by the Respondent, as well as to deal with any procedural or scheduling matters.
All the appearances 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 111 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.
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