The Mutual Fund Dealers Association of Canada has issued a questionnaire along with MFDA Investor Protection Corp. regarding the products sold by MFDA members.
The questionnaire aims to obtain current, detailed information on the types of products sold by members as well as other information relating to their operations. This follows up on the questionnaire issued in July 2005 regarding exempt products, deposit instruments and referral arrangements.
There are two parts to the questionnaire. Part I is mandatory for use in the MFDA’s compliance and enforcement activities and the information collected will be shared with the MFDA IPC. Part II is voluntary but is required for the MFDA IPC to be able to assess fund size, coverage limits, and fees.
Responses to the questionnaire are due by April 30.