Mutual Fund Dealers Association

The Mutual Fund Dealers Association of Canada (MFDA) was a Canadian <a href="/facts/Self-regulatory_organization/TymWFBk0">self-regulatory organization</a> (SRO) that provided oversight to dealers that distribute <a href="/facts/Mutual_funds/gyz5AKUP">mutual funds</a> and exempt <a href="/facts/Fixed_income/om1XWfKb">fixed income</a> products. It was licensed under all Canadian provincial securities regulators (except Quebec, where it cooperates with the <a href="/facts/Autorit%C3%A9_des_march%C3%A9s_financiers_(Quebec)/32rX7VG6">Autorité des marchés financiers</a> (AMF) instead). Its members consisted of the distribution side of the industry that typically provide mutual funds and exempt fixed income products to Canadians through <a href="/facts/Financial_planners/496GP9px">financial planners</a>.
It worked in parallel to another Canadian SRO, the <a href="/facts/Investment_Industry_Regulatory_Organization_of_Canada/7g6za5Se">Investment Industry Regulatory Organization of Canada</a> (IIROC), which was responsible for the distribution of equities, <a href="/facts/Exchange-traded_fund/ShD4RpcJ">exchange traded funds</a> (ETFs), and other exchange traded products such as <a href="/facts/Closed-end_fund/PK2QJoJ4">closed-end funds</a>.
On January 1, 2023, the MFDA was merged into the <a href="/facts/Canadian_Investment_Regulatory_Organization/xmo30T3A">Canadian Investment Regulatory Organization</a> (CIRO).

Mutual Fund Dealers Association open-in-new

Mutual Fund Dealers Association