Mutual Fund Dealer's Association - MFDA

A self-regulatory organization that oversees the Canadian mutual fund industry as it relates to the sales of mutual funds to retail investors. The Mutual Fund Dealer’s Association (MFDA) was created in 1998, in response to the rapid growth of the mutual fund industry in Canada. The MFDA’s goal is to protect investors by serving as a regulator and liaison between the mutual fund industry and the best interests of investors.

As of 2011, the MFDA regulates approximately 136 mutual fund dealers, who together employ over 73,000 sales personnel. This represents approximately $300 billion in assets under administration (AUA) within Canadian mutual funds. The MFDA is structured as a not-for-profit organization and is overseen by a 12-member board of directors. The Board is divided equally into six members representing the public and six members representing the mutual fund industry.


Investment dictionary. . 2012.

Look at other dictionaries:

  • National Association of Personal Financial Advisors — (or NAPFA) is an American financial planning trade organization created in 1983 to expand the use of Fee Only financial advisors by individual consumers. NAPFA established the first set of professional standards for Fee Only financial advisors… …   Wikipedia

  • CUNA Mutual Group — Infobox Company company name = CUNA Mutual Group company | company type = Mutual company slogan = Common Purpose. Uncommon Commitment foundation = 1935 location = Madison, Wisconsin, USA key people =… …   Wikipedia

  • Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …   Universalium

  • Federal Reserve System — FRB and FED redirect here. For other uses, see FRB (disambiguation) and FED (disambiguation). Federal Reserve System …   Wikipedia

  • United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …   Universalium

  • Credit default swap — If the reference bond performs without default, the protection buyer pays quarterly payments to the seller until maturity …   Wikipedia

  • Security (finance) — This article is about the negotiable instrument. For the legal right given to a creditor by a borrower, see Security interest. Securities Securities Bond …   Wikipedia

  • ИНВЕСТИРОВАНИЕ — INVESTINGПод И. понимается вложение капитала с целью получения прибыли. Ожидаемая прибыль может быть в виде дивидендов, процентов или увеличения реального капитала. Попытка извлечь выгоду из кратковременных изменений стоимости актива называется… …   Энциклопедия банковского дела и финансов

  • Merrill Lynch — This article is about Merrill Lynch as an independent company prior to its January 2009 acquisition by Bank of America and its continuing existence as the wealth management division of Bank of America. For the corporate and investment banking… …   Wikipedia

  • Outline of finance — The following outline is provided as an overview of and topical guide to finance: Finance – addresses the ways in which individuals, businesses and organizations raise, allocate and use monetary resources over time, taking into account the risks… …   Wikipedia

  • security — /si kyoor i tee/, n., pl. securities, adj. n. 1. freedom from danger, risk, etc.; safety. 2. freedom from care, anxiety, or doubt; well founded confidence. 3. something that secures or makes safe; protection; defense. 4. freedom from financial… …   Universalium

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.