The Mutual Fund Dealers Association of Canada Wednesday named four new members to its key policymaking committee.
Joining the 14-person MFDA Policy Advisory Committee are: Paul McKay of Manulife Securities Investment Services Inc.; Holly Millar from IPC Investment Corporation; Nick Pallotta with TD Investment Services Inc.; and Sylvain Thériault of Desjardins Financial Services Firm Inc.
The MFDA’s PAC provides advice, comments, and reports to the self-regulatory organization’s staff on a variety of matters, including regulatory and policy initiatives and industry trends and practices.
In its new strategic plan, which was released earlier this week, the MFDA says that it aims to enhance industry consultation in the policy development process a variety of ways — including preparing discussion papers for the PAC before proposing specific rule and policy amendments — “to solicit alternatives for addressing regulatory concerns.”