MFDA announces change of venue for settlement hearing in the matter of Saied Jamshidi

April 19, 2018 (Toronto, Ontario) – The Mutual Fund Dealers Association of Canada (“MFDA”) commenced a disciplinary proceeding in respect of Saied Jamshidi (“Respondent”) by Notice of Settlement Hearing dated November 22, 2017.

The settlement hearing in this matter, scheduled to take place before a Hearing Panel of the MFDA’s Pacific Regional Council on April 25, 2018 at 10:00 a.m. (Pacific), will now be held in the hearing room at the offices of the MFDA, located at 650 West Georgia Street, Suite 1220, Vancouver, British Columbia.

MFDA settlement hearings are typically held in the absence of the public pursuant to section 20.5 of MFDA By-law No. 1 and Rule 15.2(2) of the MFDA Rules of Procedure. If the Hearing Panel accepts the settlement agreement, then the proceeding will become open to the public and a copy of the decision of the Hearing Panel and the settlement agreement will be made available at www.mfda.ca.

A copy of the Notice of Settlement Hearing is available on the MFDA website at www.mfda.ca. During the period described in the Notice of Settlement Hearing, the Respondent carried on business in Vancouver, British Columbia.

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 82,000 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.