June is Seniors’ Month in Canada and the Mutual Fund Dealers Association of Canada (MFDA) is marking the occasion by launching a seniors’ section on the MFDA website.
The MFDA recognizes that the protection of seniors is paramount to fostering public confidence in the integrity of the capital markets among all Canadians, and therefore assigns a high priority to matters involving seniors in all aspects of MFDA operations. For example, MFDA staff prioritizes complaints from seniors in its enforcement activities, and provides specialized training and education on seniors’ issues to its membership.
“Seniors are one of the fastest growing demographics in Canada and a priority for the MFDA. Approximately 30% of all formal disciplinary proceedings taken by our enforcement department involve seniors or other vulnerable groups,” says Mark Gordon, MFDA president.
“The seniors’ section of the MFDA website contains information about the assistance that the MFDA can provide to seniors, as well as a library of links to on-line resources directed towards Canadian seniors,” he says.