June 14, 2023 (Toronto, Ontario) – The Mutual Fund Dealers Association of Canada (“MFDA”), now New Self-Regulatory Organization of Canada (“New SRO”), commenced a disciplinary proceeding in respect of Wenyuan (Simon) Fan (the “Respondent”) by Notice of Hearing dated December 28, 2022 (the “Notice of Hearing”).
The interim appearance in this proceeding, originally scheduled to be held on July 14, 2023, will now take place before a Hearing Panel of the Ontario District Hearing Committee by teleconference on August 4, 2023 at 10:00 a.m. (Eastern). 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 participate should contact [email protected] to obtain particulars.
New Self-Regulatory Organization of Canada is the national self-regulatory organization that oversees all investment dealers, mutual fund dealers and trading activity on Canada’s debt and equity marketplaces. New SRO is carrying on the regulatory functions of the Investment Industry Regulatory Organization of Canada and the Mutual Fund Dealers Association of Canada, and is committed to the protection of investors, providing efficient and consistent regulation, and building Canadians’ trust in financial regulation and the people managing their investments. For more information, visit www.newselfregulatoryorganizationofcanada.ca.