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The By-law sets out the constitution for the MFDA and the general operating structure for the MFDA and its Members, including:

  • powers and duties of the Board of Directors
  • Membership eligibility and approval process
  • annual fees payable by Members
  • disciplinary procedures
  • Regional Councils
  • examinations and investigations
Current MFDA By-Law No. 1
(Amended and Consolidated to May 7, 2020)
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MFDA By-Law No. 1  was originally published on February 23, 2001. Please click here to view a list of amendments.

Questions regarding any aspect of our Rule Book should be directed to Membership Services via e-mail at, or via telephone at 416-361-6332 or 1-888-466-6332.