MFDA issues reasons for decision on Excel Financial Growth

A Hearing Panel of the Central Regional Council of the MFDA has issued its Reasons for Decision in connection with the settlement hearing held in Toronto, Ontario on August 20, 2010 in the matter Excel Financial Growth Inc.

A copy of the Hearing Panel’s Reasons for Decision is available here, or 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 136 Members and their approximately 75,000 Approved Persons with a mandate to protect investors and the public interest.

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.