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MFDA expands proposal for merger of regulators

The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Canada’s mutual fund regulator is expanding its proposal to build a merged regulatory body for the investment industry and has promised a clearer timeline as it battles critics who say a complete overhaul is too cumbersome. The Mutual Fund Dealers Association of Canada (MFDA) – a self-regulatory organization (SRO) that oversees 90 mutual fund dealers – announced this week that it has begun to develop an implementation plan that will provide greater detail on its contentious proposal to create a single self-regulatory organization for Canada.

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