November 11, 2022 (Toronto, Ontario) – The Mutual Fund Dealers Association of Canada (“MFDA”) commenced a disciplinary proceeding in respect of Sungsoo (Steve) Lee (the “Respondent”) by Notice of Hearing dated December 22, 2021 (“Notice of Hearing”).
The interim appearance in this proceeding, originally scheduled to be held on November 29, 2022, will now take place before a Hearing Panel of the MFDA’s Pacific Regional Council by teleconference on December 12, 2022 at 10:00 a.m. (Pacific). The appearance 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 listen to the teleconference should contact email@example.com 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 carried on business in the Burnaby, British Columbia 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 76,695 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.