Notice of Commission Approval – Housekeeping Amendments to MFDA Rule 1.2.4 Regarding the Currency of Courses – Mutual Fund Dealers Association of Canada (MFDA)

The Ontario Securities Commission approved amendments to MFDA By-law No. 1, Section 1 regarding the currency of courses. In addition, the Alberta Securities Commission, Nova Scotia Securities Commission and Saskatchewan Financial Services Commission approved, and the British Columbia Securities Commission did not object to the amendments. The amendments are intended to: (i) clarify the application of MFDA Rule 1.2.4 as a requirement and not as an exemption; and (ii) reflect changes to MFDA procedures and administrative practices. The amendment is housekeeping in nature. The description and a copy of the amendment is contained in Chapter 13 of this Ontario Securities Commission Bulletin.