Notice of Commission Approval – Proposed Amendments to MFDA Rule 2.1.4 – Conflicts of Interest – Mutual Fund Dealers Association of Canada (MFDA)

The Ontario Securities Commission approved proposed amendments to MFDA Rule 2.1.4 regarding conflicts of interest. In addition, the Nova Scotia Securities Commission and Saskatchewan Financial Services Commission approved and the Alberta Securities Commission and British Columbia Securities Commission did not object to the proposed amendments. The proposed amendments objective is to clarify the obligations of MFDA Members and Approved Persons with respect to conflicts of interest. A copy and description of these amendments were published on September 23, 2005 at (2005) 28 OSCB 7899. The MFDA's summary of public comments and response, are contained in Chapter 13 of this Ontario Securities Commission Bulletin.