The Mutual Fund Dealers Association of Canada (MFDA) has added seven new faces to its key policy committee.
The Mutual Fund Dealers Association of Canada said Thursday it has appointed seven new members to its policy advisory committee (PAC), bringing it to 18 members.
The new representatives include: Darlene Barker of Desjardins Financial Security Investments Inc.; Lesley Duffy from Quadrus Investment Services Ltd.; Michael Elliott of Armstrong and Quaile Associates Inc.; Portfolio Strategies Corp.’s Ken Parker; Stephanie Vass of TD Investment Services Inc.; David Webb from Fernhill Financial Corp.; and, Karen Woodman of FundEX Investments Inc.
The PAC provides advice, comments, and reports to the MFDA’s staff on a variety of topics, including regulatory initiatives, and industry trends and practices. It may also be called on to provide advice and comment on the legal, regulatory and market implications of MFDA rules, by-laws, policies and operations.
The members of the committee are selected by MFDA president and CEO, Mark Gordon, based on the recommendation of MFDA staff. The MFDA notes that the committee, which is generally comprised of senior compliance staff from MFDA dealers, is selected with a view to ensuring that it is reasonably representative of the regulator’s membership.