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Company: MFDA Investor Protection Corp.

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Regulators aim to name CEO, board by Q2 next year

The CSA's plan received broad support, but there's plenty of work to do on the details

Not responding will result in a much harsher penalty

Proposed changes include a requirement to report information security breaches

The contingency fund for the Canadian mutual fund dealer industry is aiming to boost its reserves to $50 million over the next several years

Dealers to fund MFDA IPC payouts to clients of insolvent W.H. Stuart

Dorothy Sanford succeeds Joni Alexander

  • By: IE Staff
  • June 10, 2014 October 11, 2019
  • 14:45

It’s not yet clear how much the MFDA’s Investor Protection Corp. may have to pay out

In the event of a large loss, the MFDA Investor Protection Corp. would cover the first $30 million, and insurance another $20 million

Increase to be phased in over seven years