The Federation of Mutual Fund Dealers (the “Federation”) is an association of Canadian mutual fund dealers and industry participants whose members, since 1996, have been striving to not only maintain but to strengthen the mutual fund dealer channel of distribution in Canada. We currently represent 36 (and growing!) dealer firms and affiliates with over $100 billion of assets under administration and more than 14 thousand licensed advisors that provide financial services to over 3.5 million Canadians and their families.

10th Annual Compliance Forum is scheduled for Monday May 2nd 2011
Mark Your Calendars Now! The 10th Anniversary of this Conference will be quite the celebration. More information to come once the Agenda gels.

Special 15% Discount For Federation Members For Orders Of 10 Or More Books.
Go to the Resources Page  for more information.

The mandate of the Federation is to ensure that the interests and views of mutual dealers are clearly represented in our industry, with a finer focus on sustainability issues.

There are a host of matters which are currently being addressed by the MFDA, the CSA and the provincial regulators which involve the distribution of mutual funds in Canada. It is certain that the regulation of ALL participants in the distribution of mutual fund products in Canada will continue to change. Mutual fund dealers must maintain a strong and united voice as we move forward in this changing business environment.



In 2009 our Board:

• Met almost bi-weekly throughout the year; addressed the content of 63(+) MFDA Bulletins; MFDA Governance - an issue still on the table; and the newly created RDBA.

• We participate and will continue into 2010 to participate on the Financial Planning Industry Task Force and their Steering Committee

• Had three meetings with the MFDA with a view to addressing, on an on-going basis, our Members policy and process concerns

• And we discussed:
  International Financial Reporting Standards
  Registration Reform- and held a fabulous Education Day for our Members; and discussed Registration Reform with the Ministry of Finance, Ontario
  Point of Sale and CRM; up to
  The Canadian Securities Transition Office (CSTO)

We will ring in 2010 carrying many of the issues ubiquitous in 2009. We will be stepping up our networking and lobbying key industry players including IFIC, the IFB, and Advocis and the appropriate regulatory bodies, to facilitate moving our related initiatives through the appropriate channels. We are planning:

• Our participation in this year’s Distributor Symposium scheduled for April 27th – 29th at Queen’s Landing, Niagara-on-the-Lake

• Our Annual Education Day – rescheduled to September 8th 2010 – and free to Federation Members – this year we’ll round-table on the impact of things like the Supplemental Pension Plan and the CRA tripling back on whether advisor fees, trailers, etc. should be subject to GST/HST; and if it’s ever occurred to you that you’ve been chosen against – government doesn’t like me – you’ll agree we need to quantify once and for all, the value of advice and strategize as to how best to put that information to use in (re)establishing and reinforcing our relationships with everyone and strengthening this channel; and more. See Education Day under Initiatives and Events.

• Regular General Membership and Board Meetings; see the Meeting Schedule

• Our on-going consultations with;
   The MFDA
  The CSTO
  The BCSC
  The Ministry of Finance; and

• Continuing our work on the Financial Planning Industry Task Force and Steering Committee
   

How does the Federation operate?

Some of our initiatives will be facilitated through either our

• Business Development Committee, or our

• Policy Committee

Who would report to the General Membership and the Board

The Members will meet quarterly; and the Board will meet bi-monthly; and

We expect to continue to work closely with the MFDA this year on the key issues facing our channel of distribution.

How Do I Join the Federation?

	The cost of joining the Federation is minimal
	Just complete the application that applies to you and follow the instructions for forwarding