|By PR Newswire||
|December 9, 2013 03:36 PM EST||
TORONTO, Dec. 9, 2013 /CNW/ - A Hearing Panel of the Central Regional Council of the Mutual Fund Dealers Association of Canada ("MDFA") has issued its Reasons for Decision in connection with the settlement hearing held in Toronto, Ontario on November 7, 2013 in the matter of PDQ Financial Services Inc. and Cesidio (Sid) Negri (the "Respondents").
A copy of the Reasons for Decision is available on the MFDA website at www.mfda.ca. During the period described in the Notice of Settlement Hearing, the Respondents carried on business in the greater Toronto area.
The MFDA is the self-regulatory organization for Canadian mutual fund dealers, regulating the operations, standards of practice and business conduct of its 113 Members and their approximately 80,000 Approved Persons with a mandate to protect investors and the public interest. For more information about the MFDA's complaint and enforcement processes, as well as links to 'Check an Advisor' and other Investor Tools, visit the For Investors page on the MFDA website.
SOURCE Mutual Fund Dealers Association of Canada