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Bulletin #0385-P

Policy
Section 35 of MFDA By-law No. 1 (No Actions Against the Corporation)

Contact: Aamir Mirza
BULLETIN #0385 – P
Senior Legal & Policy Counsel
June 26, 2009
Phone:
(416)
945-5128
E-mail: amirza@mfda.ca

MFDA Bulletin

Policy

For Distribution to Relevant Parties within your Firm


Section 35 of MFDA By-law No. 1 (No Actions Against the Corporation)

Proposed amendments to section 35 of MFDA By-law No. 1 (No Actions Against the
Corporation) are being published for comment. The proposed amendments are intended to: (i)
provide for, within the MFDA By-laws, the terms of the relationship between the MFDA and
MFDA IPC and existing MFDA and Member obligations to the MFDA IPC; and (ii) to extend
the existing protection in section 35 of By-law No. 1 to the MFDA IPC.

Comments should be made in writing prior to September 24, 2009. One copy of each comment
letter should be addressed to the attention of the Corporate Secretary, Mutual Fund Dealers
Association of Canada, 121 King St. West, Suite 1000, Toronto, Ontario, M5H 3T9 and one
copy addressed to the attention of Sarah Corrigall-Brown, Senior Legal Counsel, British
Columbia Securities Commission, 701 West Georgia Street, P.O. Box 10142, Pacific Centre,
Vancouver, British Columbia, V7Y 1L2.

Those submitting comment letters should be aware that a copy of their comment letter will be
made publicly available on the MFDA website at www.mfda.ca.

To view the current revisions to the proposed amendments and other related documents, please
go to: https://mfda.ca/regulation/propAmend/PropSec35.pdf .

The proposed amendments may also be viewed on the British Columbia Securities Commission
website at: http://www.bcsc.bc.ca/sros.asp?id=7968 .

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