November 22, 2021 (Toronto, Ontario) – The Mutual Fund Dealers Association of Canada (“MFDA”) commenced a disciplinary proceeding in respect of Stephen Scott Smockum (“Respondent”) by Notice of Hearing dated September 20, 2021.
As specified in the Notice of Hearing, the first appearance in this proceeding was held on November 19, 2021 by videoconference, before a Hearing Panel of the MFDA’s Central Regional Council.
Following submissions by the parties, the Hearing on the Merits has been scheduled to take place by electronic hearing on May 10-13, 2022, commencing at 10:00 a.m. (Eastern), each day, or as soon thereafter as the matter can be held. The proceeding 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 observe the electronic hearing should contact firstname.lastname@example.org to obtain particulars.
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.