News Release

For immediate release
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For further information, please contact:

Marco Wynnyckyj

Director, Hearings

(416) 945-5146

mwynnyckyj@mfda.ca

MFDA Panel amends hearing start time in the matter of TeamMax Investment Corp.

July 22, 2022 (Toronto, Ontario) – The Mutual Fund Dealers Association of Canada (“MFDA”) commenced a disciplinary proceeding in respect of TeamMax Investment Corp. (the “Respondent”) by Notice of Hearing dated November 11, 2021 (“Notice of Hearing”).

The penalty hearing in this proceeding will commence at 12:00 p.m. (Eastern) on July 22, 2022, having previously been scheduled for 10:00 a.m. (Eastern) the same day. Members of the public who would like to participate should contact hearings@mfda.ca to obtain particulars.

A copy of the Notice of Hearing is available on the MFDA website at www.mfda.ca.

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 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.