OSC Staff Notice of Request for Comment – Proficiency Standard for Approved Persons Selling Exchange Traded Funds (ETFs) – Mutual Fund Dealers Association of Canada (MFDA)

 
On June 8, 2016, the Board of Directors of the MFDA approved the publication for the new Policy 8 (Proficiency Standard for Approved Persons Selling ETFs). MFDA is publishing for public comment the proposed amendments which are intended to establish minimum standards that are intended to ensure that Approved Persons trading in ETFs have the education, training, and experience that a reasonable person would consider necessary to perform the activity competently. 

A copy of the MFDA Notice including the Proposed New Policy is published on our website at www.osc.gov.on.ca. The comment period ends on September 28, 2016.